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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (23631)	9/28/2002 7:18:34 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi Maurice, The issue of borrowing Yen is occupying much of my otherwise unused parallel processing power while visiting the toilet, watch TV, swimming, lounging at airline lounges, or posting on SI. I sense a decision struggling to take form before end-of-year tallying and asset allocation. I feel as if I am a mice circling a piece of cheese balanced precariously on some spring-wound contraption I have no knowledge of, other than the fact that there are many similar contraptions in view with dead mice on them, lifeless. Message 18047111 <<The point for we investors is to know that the printers will print and these processes will proceed ... Being in the right position BEFORE those consequences are recognized is a good idea, with watchful waiting to ensure that the processes are indeed proceeding on plan and retreat and regrouping isn't a better idea>> Excellent, now we are on the same page. Anticipation is a survival trait. I am betting that the FED will succeed in messing up in almost the same and awful way the BoJ is succeeding;0) <<I had to do an unseemly retreat and regrouping following the Globalstar debacle and the far greater crunching of market miscreants than I expected would be required to tidy up the market>> Better late than never, but best early than late. We stay to watch the carnage, deluge, and cleansing, and then we gradually buy something or other; and yes, Q is on the list at some price south of the current price. I appreciate your continued monitoring effort. I am wondering if there are intermediate term (2-4 years) bulls left on this thread. Message 18047133 <<I'm not suggesting the government should buy bankrupt baseless companies such as the dot.com wacko stuff. I meant real companies with real assets and real value>> When HK govt bought, it bought from open market at its choice, as in 'a little of this, some of that, and none of those'. When the Japanese CB buys, it will do so from troubled banks. It will have to buy what is available, and willing to be sold, not what it wants to buy. If the CB buys the doggy stuff, it will suffer a big loss without doing much about the enormous bad debt and little about the lack of demand for money. If the CB buys the good stuff, it may make a gain, but the banks still cannot generate market enthusiam for money and spending, and is still troubled by doggy share portfolio and deadbeat loans. The Japanese CB is proposing the wrong solution for the irrelevant problem, as officialdom tends to often do. Chugs, Jay