hello david, the qqqq excursion is perhaps a bit ill timed, with 24 hour hindsight
the blood gushed freely in asia today, starting with the end of the australian market, coursing through n.asia, se asia, s.asia, and now, onward, tsunami-like, to europe, and then, presumably, surging ever onward, onslaught style, to nyse
minus 2.3% is a big move for HK, and minus 3.odd % is a huge move for Tokyo - not good, as leading indicators for NYSE
asia finncial crisis, reincarnated, to global financial meltdown, or, at least a preview, if we are fortunate
perhaps professor ben burnburpkaput will pause, after all, to hesitate, blink a few times, without any comprehension and minus all clues, and learn to hold the bag that maestro greensputin left him with.
tough benny might want to call out the monetary troops today, to slow the crimson tide, for a financial accident is about to happen
in the grand scheme of things, the ytd performance of gold, and the choreography of platinum, still brilliant, and cash may yet reign supreme
terrified, but fascinated
getting ready to view financial history up close, and preparing the bookshelf for all the upcoming funny books
j
p.s. i think the current crisis is an obvious buy at the psychological moment, as long as we can ignore the harrowing screams, clear the crimson mist from our eyes, and control trembling fingers to press the BUY button |
