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


To: pezz who wrote (21335)8/17/2007 10:18:18 PM
From: elmatador  Respond to of 217561
 
Individuals with US$ 1 million or more in liquid assets owe, globally, US$ 37 trillion all over the world.

They are a great force in the market and can move the market ad cause havoc. We have the Central Bankers keep an eye on them so that they don't crash the system when they panic going to the bank and bringing their money to put under their mattresses.



To: pezz who wrote (21335)8/20/2007 5:02:41 PM
From: TobagoJack  Read Replies (1) | Respond to of 217561
 
Hello Pezz, re <<Thanx to the Fed the 'panic' be gone>>

... Just a guess, but i guess HK/Tokyo markets will drop today (Tuesday), as yesterday's ferocious rise finance.yahoo.com look 'slightly' unreasoned relative to the true tepidness in NY finance.yahoo.com for Monday;

If so, the Yen will rise, so that Asian shares can fall, and should that be so, watch out NYSE come your Tuesday morning.

If not Tuesday, then Wednesday, Thursday or Friday. The ferocious fall will come at the most inconvenient time for the many, because the Market is not kind, and Exchanges are not gentle. The Market will hard love in the most unceremonious way the most at the very least convenient time, always.

Speaking of tough love, NYSE needs viagra, and the FED needs ballz.

Now, pay attention; should HK/Tokyo today fail to rise, or worse, actually panic drop, due to severe disappointment with the just concluded and tepid NYSE performance, the abyss re-opens, and ... too horrible to think about, but delicious to dream for :0)

Finally, look here stockcharts.com , see the smart money, dumb change, clueless scratch, and the panicked moolah all mindlessly pile into the 90-day T-bill arena, herded to doomsville at 2.5% interest rate which will be further enhanced by a 50% devaluation (all in good time)?

It is so not smelling right. Dial 1.800.GET.ME.OUT.

Chugs, J



To: pezz who wrote (21335)8/22/2007 11:23:52 AM
From: TobagoJack  Read Replies (3) | Respond to of 217561
 
Hello Pezz, Today's Report:

However strong my convictions I could not bear to be psychologically burdened to think about profit that go 'poof', so I sold a bit of Yen for HKD and converted the profit portion to on-line accessible certificate gold that is treated as 'just as good' money at the local bank.

The trade was part of the moolah mobilized here Message 23794080 ... a few days of vacation can result in much mineralizable goodness.

The profit, thus mineralized @ HKD 6120 (USD 783) per tael (1.2 oz), is now secured for whatever I wish that I wanted for free. Fun deciding, perhaps until the next wobble.

I had dinner with three fund managers tonight, and am encouraged that I probably will get a chance to do the particular tranche of Yen trade again at advantageous rate (although my balance sheet will obviously suffer in the interim because I got a lot of Yen).

In any case, IMO, mineralizing, even if in certificate form, some interim winnings into gold from here on out is a good idea, as long as the principle that enabled the winnings remain in cash.

The deleverage debacle will continue for a while, and the financial houses are pretty desperate for cash. Events will get much worse.

I am considering whether I want to pull the trigger on two call option long wagers ...

Chugs, TJ