marginmike,
funny you should ask. I just contacted my attorney to file lawsuit against some else here who sent me a message, shamelessly stealing my chicken little name.
I am as chicken as ever, especially since the Asian markets such as HK, Korea and Japan are all on straight up trends with fundamentals no where close to recovery.
There has been a lot of push to foreign markets these days, with talking heads repeating the same BS with absolutely zero support. The leaders such as Barton Biggs have already been there for a while and now the followers are moving in for the slaughter.
The only question that I have is will there be another Thai baht style Asian contagion? Russia, SA, Europe and even the US all have the ability to trigger a meltdown. On the other hand, the world has learned how pure BS, aka jawboning, by the likes of Greenspan can reduce a tsunami into a series of less damaging waves.
Just as Soros theory of reflexivity states, the outcome of many events may not be pre-determined but changes based on the action of the participants and the reaction of the lambs (something like that anyway). Speaking of Soros, there are rumors that he is playing around with the US$ vs the yen right now. I consider him one of the most destructive forces in the modern world and serve no purpose what so ever. Who knows? He may be the one who will trigger the melt down.
Is this chicken little enough for you? If not, I can try harder.
Ramsey |
