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Strategies & Market Trends : Classic TA Workplace

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To: chris714 who wrote (29086)1/23/2002 9:14:12 PM
From: pater tenebrarum  Read Replies (1) of 209892
 
just calling them as i sees them! i strongly recommend keeping a wary eye trained on Japan, China (possible Yuan devaluation looms), all of South America (basket cases wherever one looks actually) and of course that trusty stalwart, the Mid East, which continues to simmer just outside the market's perception. note in this context increasing signs of acrimony between Saudi Arabia and the US (despite vigorous official denials).
btw., i believe when Japan finally has its catharsis, ending in forced reflation, it will represent the buying opportunity of a life time. one should actually look favorably toward Japan as soon as the market forces it to admit its systemic bankruptcy. not to forget, Japan's K-wave is about a decade further along than that of the West.
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