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

To: pezz who wrote (40761)	11/3/2003 5:35:50 PM
From: elmatador	Respond to of 74559

<<Chinese products ...As long as they offer a better value no matter the reason the free mkt system that we all know an love will assure their success. I remember when the Japanese first had success with cars in the US. There wuz lotsa talk about "buy American". Consumers ignored it and today American autos are a better value for it.>> You argue the case of free movement of goods as back in the 80's we argued for the free movement of capital. Now we need free movement of people. It is just a matter of time, but will come. It is not me who's saying. It's demographics. People is the same thing. If they offer a better value, the free market should do the same as you described above. And consumers should ignore the narrow interests of the guys who arrived at a certain country before and pretty soon the population of a giving country, as a whole, will be of better value too.

To: pezz who wrote (40761)	11/3/2003 10:50:39 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Good morning Pezz, Today’s Report: <<… I haven't a clue … decided to take advantage of todays price and volume and lighten up … >> … Very wise. BTW, thank you for the BlueFly. My, how it flies :0) And then there is Ivan from the Natural Resources thread :0) Can a day start out better than the above? But of course, sometimes, to the undeserving few. Speaking of the undeserving: I sold my Mitsubishi Tokyo Finance (8306) Message 18284443 <<November 29th>>, at Yen 810,000, recognizing a 29% gain (9.46% gain on Yen price, rest on exchange rate – 130 a year ago vs 110 now); I sold my NTT Docomo (9437) Message 18211135 <<November 8th, 2002>> at Yen 246,000, recognizing a 26% gain (7% on price, and rest on forex). I am still holding Mitsubishi Real Estate (8802) Message 18258261 <<November 21st, 2002>>, bought at Yen 879, now at Yen 1087, with embedded gain of 46% blended gain. Strengthening currency nations are good places to speculate. Not only are the bubbles more robust, but one can leverage off the energy of the entire monetary regime and pivot the equity gains to greater loot. BTW, the resultant Yen proceeds are staying in Yen-space, waiting for either (a) Japanese equity market tanking, post March 2004, and/or (b) Japanese Yen rise leading up to March 2004 ;0) Chugs, Jay