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Strategies & Market Trends : Steve's Channelling Thread

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To: waverider who wrote (18749)	6/25/2001 4:13:39 PM
From: Jim Willie CB	Read Replies (1) of 30051

sure, shellshocked but Japan just began a new anti-corporate anti-socialism plan check the Nikkei, values of big corp stocks, conditions of big banks the new prime minister has a mandate to allow "things" to find their value without any further govt support their national debt is roughly triple ours on per capita basis ten attempts to stimulate their economy with 1/8-th baked reforms have failed now they are going for the free market solution it might be extremely volatile first down, then up we will see gaining perspective now after shellshock been out of the stock market for most part since February but still thinking and watching what I see is "change has begun in Japan" it might drag down East Asia in fact, I cannot see how it wont the many "walking dead" Japanese companies and banks will be revealed as the light of true valuation shines on them it has begun, it is underway 1997 saw little Thailand and larger Korea give the world a shock imagine the magnitude if Japan allows true value to result from a free market without interference from govt as this all unfolds, I expect FAITH to give way to FEAR / Jim

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