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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (44881)1/20/2006 4:55:20 PM
From: benwood  Respond to of 116555
 
I'm wondering if what happened in Japan this week is akin to the shot across the bow in the US markets on October 24th, 1929 (Black Thursday). I punted 100% of my Japan fund and 40% of my PM holdings this week, on pretty good days as it turned out. I eventually want to re-enter the PM stocks if given the chance. You never know though... I might lighten my PM by half from this point if the rally resumes but I do believe I'll have my chance at better prices. If I don't, well, I'll sleep OK anyway.