Yamakita-sen, Did miss the conversation on KOREA between Hawaii and HKG as my mind has been on about a thousand (not the chat room ones, as this is my only chat thread) threads at yearend. Along with Barron's, even I feel I do not have a clue on all that is going on in my supposed sphere of knowledge/interest. I find all 'name brand' Asian i-net shares compelling not because of any fundamentals (for fundamentals, I buy MSFT) but because of the tremendously amazing liquidity rushing this way. I want to say: close our eyes and buy, but be ready to take out fair profit along the way up. We are now solidly in the gaming sphere as opposed to investment sphere. Game theory rules (guessing what the other guys are going to do).
So, my own actions can be characterized by rapid nibbles on all that moves (Founder - 418, New World Cyber - 276, will look at KOREA, etc) and keep up the put selling program on Newmont Mining.
Just helped some friends sell part of their startup to PCCW and since I know the fundamental value of the startup upon maturity, I similarly know the froth. Scary, with a capital S, triple underlined, in bold italic, but just starting. Maui within 3 years. Can not wait.
We out in Asia will have something to teach the US folks on the crude art of speculation. Keep the emperor's palace fixed in our minds and I remind myself that my smallish apartment is valued at more than US$1,000 per square feet after the 40% corrective storm in the past two years (I bought only this year). Maui, in comparison, is so very much a bargain. I count myself as extremely bullish in the intermediate term, cautious in the short term and terrified in the longterm. Simply a question of running the gauntlet for the closing door to Maui. It is those pattering of feet that I am trying to stay ahead of. The game is played to be won sometimes and to be not lost some other times.
I note my moves as I do not want to simply cheerlead without being transparent on what I am doing, not on this thread.
At one time I said on the thread that my retirement depends on Son, Bill Gate and Zhu Rong Ji (Chinese premier). Between WTO, 9984 in Founder and MSFT Asian expansion, I should be achieving the grand convergence of my patron saints soon.
So, allow me this one cheer on our thread, fellowship of the Son, let's do this trade for our offsprings, real, planned or imagined. |
