Hello Pezz, Today's Report:
(1) Packed for travel, watching typhoon approach, flag #8 (mighty high) is up, hoping all will be OK for tomorrow morning's departure, and at 8 km approach speed, should clear at some point in time tonight;
(2) Watched finance.yahoo.com , and on a day when HK shares got drubbed, this micro cap traded chunky, and price in effect held ... not too bad, perhaps enough folks with buying power know something, ya think?
(3) Watched Yen increase in value relative to the USD/HKD, and felt OK. But generally the Yen action is not a positive for most, because as Yen wobbles, AND trends up, folks get nervous about the carry cost of the loans they took out at supposed zero or negative interest rate, and when enough folks get nervous, asset values fall.
I am concerned for the market next week, as you may remember, the markets tend to be wobbly while I go on holidays. We shall see, unavoidably.
I composed a little jingo, "rock rock rock the yen, gently rock the yen ... "
Do you like it?
:0)
Chugs, TJ |
