Elmatador, Thank you for the fine post. It really got me thinking about Asia's markets. To me the nice thing about Asia markets is that we have a meat thermometer stuck in it to tell us what they are doing. What meat thermometer you ask? Our Ol' Techride pal Barton and others like him. The point is not to rank on Barton but to realize many Sheepeople really do listen to him.
Barton is the source of much entertainment around here and is helpful in telling which way the markets are going. Not too long ago Barton said he was "Befuddled" (that is with a big B) by the US markets. This was a solid buy signal for us Techriders and I for one got solid companies on sale and internets were a gift. The markets took off.
Then since Barton missed that move that we all rode, he said he was going "global" (another late call, markets had already started to turn there). He can put his money in Japan and Asia but for as long as China is China and North Korea is North Korea, that's not investing, that's what you call a gamble.
Bottomline to me: I've traveled much, been to and lived in other countries, cultures, and know how other governments work thanks to my military background. I never 100% trust any of them and I never feel 100% safe until I'm on United States soil.
If I don't feel safe abroad them why should I think my money would be? China's troops shooting up Taiwan? Could happen. Commie tanks rolling down Main Street, possible. Russia goes ape$hit and starts another civil war, stranger things have happened.
Barton is the meat thermometer. If the fecal matter hits the fan, Barton types will get splattered not me. If putting money where they shoot people to harvest a kidney or kill a baby girl cause she was born a girl, is what some people want to do with their money that is their business. If giving money to people who call us lazy, (people BTW who are lucky they are on the face of the earth) is Barton's thing then let him go. If you can't make money in the US I guess you have to go "global".
It would seem DD would make some people aware of what going "global" really means. I still remember Japan saying us Americans are lazy, think I'll ever give them anything but a hard time? I remember T-square, I remember a line of prisoners tied to poles, shot at point blank range as a "doctor" watched so they could get the organs while they are hot. Think I'll ever give a penny to North Korea? Think I'll ever give a penny to LOR?
And China and Russia, a word about China and Russia, the day they return our Vietnam POWs (or their bodies) then I'll trust the bastards. Until then I'll tell you what Uncle Sam won't, it was hard to find POWs because some ot them weren't in Laos, Cambodia or Vietnam. The KGB can tell you and so can the Chinese.
I hope the world economies one day run like my Blazer but until that day, people will be people. That means they will try to control each other and kill each other to do it. My money will stay here in the good ol' US of A. Green money not red.
On this labor day I say thanks to all hard working Americans. The American people, that is where the credit for this bull run and economy should go, not to Clinton or Greenspan. Let us enjoy this holiday, enjoy the fruits of our labor and give ourselves a great big standing O.
9092ALL, BLUE |
