Hi CB, I believe hurricanes and typhoons are the same type of meteorological phenomenon, except the former is the name used in the US, Caribbean and latter in Asia. Typhoon is a Fujian (province opposite Taiwan) term. We do not have oak trees, but plenty of coconut trees and such falling on cars. My in-laws harvested some bananas and papayas from their garden yesterday to save the fruits from flying off. Other kinds of damages occurring in the past: mudslides pushing over high rise buildings (late 60s or early 70s), yachts blown on land, floods etc. Sometimes Hong Kong airplanes are flown to other airports as a precaution. Some less well put together buildings get their windows blown out by the pressure differential, and I was not kidding about street signs cutting off people’s head, or potted plants off balconies doing similar damage.
<<how beautiful the weather is the next day>>
I enjoy looking at the ocean during a storm. Nature is truly wonderful. Our 'next days' would simply be rain and still more rain.
On FNM, I understood that they play around with derivative instruments and they are under-insured. I will look deeper into FNM. Also, I suppose, should the US real estate market cool off drastically, or default rates rise alarmingly, their stock price can drop by, say, 30-50%. That potential is worth investigating. If I conclude anything, will post here. Any help from anyone on the thread is most welcome.
Chugs, Jay |
