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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (7435)8/20/2001 1:56:17 AM
From: Maurice Winn  Read Replies (3) of 74559
 
Jay, I have never visited Beijing or Peking. You are making me envious with your up close and personal view of it and ability to linguistically interact to get even more of wassup. I am thinking I will soon have to make a trip to scope it out and see people using my CDMA phones for myself, [a kind of family "I have returned" trip, like General Westmoreland of WWII fame, "I will return" - my mother's family having run for it in 1923].

Meanwhile, Nikkei at levels same as 1980, immediately after the big oil price rise of 1979 and before the price drops of the 1980s gave Japan an oil bonus. 11239 at the low for the day...yikes...

For youngsters, the 1979 oil price rises were a heck of a thing for Japan to cope with.

Check out the long term Nikkei graph...
finance.yahoo.com^N225&d=c&k=c1&t=my&l=on&z=m&q=l

I am considering suggesting an enormous transfer of money from US$ to yen and then into Nikkei stocks [the ones which are QUALCOMM licensees for CDMA]. Perhaps it should be US$ to yen right now, then wait a few weeks, then borrow vast amounts of yen and really go pig on the Nikkei.

But I will wait a couple more days...to think about it.

Jay, did you see the Japanese who you think don't know how to have fun? They have lots of money and lots of fun. snowadventures.co.nz You can click on lots of photos there. Video clip here: snowadventures.co.nz
Here's my son the guide [it's his and his friend's business] - with the silly tie. The guy at the bottom is a prehistoric 'Peking Man' they found in a glacier... an oriental 'ice-man'. Click on the photos for bigger pictures. snowadventures.co.nz

Mqurice
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