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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (14945)3/2/2007 8:34:00 AM
From: elmatador  Read Replies (1) | Respond to of 217608
 
Collapse in worldwide stock markets are led by companies heavily involved in exporting to America and Euro Zone
Peter Oberois
Mar. 2, 2007



The exporters are getting hammered badly. The yen is rising. The yuan is also rising and will rise further against Dollar and Euro. The rise is proportionate against Euro and Dollar. The net effect is on Japan, India and China. The exporters to the Western hemisphere are leading the collapse of stock markets all over the world.

The days of dumping in the American and Euro Zone economies are coming to an end. Asian stocks dropped, extending the biggest weekly losses for global equities in eight months. Toyota Motor Corp. and Sony Corp. led declines by Japanese exporters as the yen traded near an 11-week high against the dollar.

The exporters in 1929 before and after the stock market crash also led the decline in Dow. China and India is where America was in 1929. These giant emerging economies have shown mirror images of American economy between 1921 and 1929. The exporters are feeling the pinch and are leading the world stock indices down.



To: KyrosL who wrote (14945)3/2/2007 8:36:10 AM
From: TobagoJack  Read Replies (1) | Respond to of 217608
 
my plans tonight (hk time) are to (i) do some ice cream, (ii) while playing on-line unreal tournament death match, and (iii) at break time, buy more yen, just to join in the fun against the stragglers and dilly-dalliers of the yen carry trade :0)

i would say my paper gold sale this morning (again hk time) was well timed, by good fortune

i figure i would get back into paper gold at 10% correction point, and exit yen at 105-ish ... it is nearly time for the japanese companies to repatriate profit for March 31st fiscal closing ... the carry-traders may have a new one torn for them ;0)

only hesitation i have is whether i should add to my shorts against some nyse shares and do a usd carry trade