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

To: Nodule who wrote (38567)	8/12/2008 3:59:17 PM
From: dybdahl	Read Replies (1) \| Respond to of 220227

I don't believe so - I am an INTJ, and I am definitely not a good investor. INTJs usually lack the skill to use the knowledge of other people, react slowly to facts that they're not prepared for, and often miss possibilities. I have shares in some companies that may grow hugely within 10-30 years. Or maybe not. I have never lost money on shares over a 12 month period, but my return hasn't been overwhelming, either. Most of my money is in bonds and RE. I haven't lost money on the RE, though, maybe that's actually better than average ;-)

To: Nodule who wrote (38567)	8/13/2008 1:59:39 PM
From: elmatador	Respond to of 220227

Japan's second-quarter GDP contracts 2.4% on year By Chris Oliver, MarketWatch Last update: 5:58 a.m. EDT Aug. 13, 2008Comments: 7HONG KONG (MarketWatch) -- Japan's economy contracted in the April-to-June quarter on an annualized basis, as softer consumer spending and weak capital investment threaten to bring the country's long post-war expansion to an end. The economy shrank 2.4% in the second quarter, after expanding a revised 3.2% in the first, according to preliminary figures released by the Cabinet Office Wednesday. Consumer spending, which accounts for almost half of economic activity, fell 0.5% on quarter. The figures also reflect the distortion of an extra shopping day in the previous quarter than normal years owing to the leap-year effect. The headline GDP figures, equivalent to a 0.6% decline on quarter, were in line with economists' expectations. "The Japanese economy is certainly not falling into a hole," said Societe General's Asia Pacific economist Glenn Maguire. "Given that Japan hasn't had excess capacity, excess debt, and excess employment, this cyclical slowdown is not going to slip into a full blown structural adjustment like we saw with the recessions in the 1990s." Maguire said capital spending could be revised higher in coming weeks, which would soften the size of the GDP contraction seen in the preliminary data. "It's probably a line-ball call whether Japan meets the technical definition of a recession, which is two quarters of negative growth," Maguire said. The contraction, the first in four quarters, was also attributed to weaker demand for Japanese goods abroad. Exports declined 2.3% against the previous quarter, marking the first decline in 13 quarters. Imports declined 2.8% on quarter. "With imports also falling, net exports were neutral to quarter-on-quarter GDP growth in the second quarter," wrote Lehman Brothers' economist Kenichi Kawasaki in the research note Wednesday. He noted exports had surged 3.4% in the January to March period on quarter, which made the slump in the second quarter seem unduly large. Other data released Wednesday showed Japan's current-account surplus contracted for the fourth straight month in June. The current-account surplus, the broadest measure of Japan's trade with the rest of the world, totaled 493.9 billion yen ($4.54 billion), down 67.4% from a year earlier, according to data released by the Ministry of Finance. Chris Oliver is MarketWatch's Asia bureau chief, based in Hong Kong.