Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (111255)	9/15/2018 10:45:37 AM
From: GROUND ZERO™	4 Recommendations Recommended By da_spot Honey_Bee kimberley Mevis Read Replies (2) \| Respond to of 223390

Yes, I think the bad news is already priced into the semi markets by now, I bought Thursday and Friday... I fully agree, da cheif is a rare example of a guy who knows what he's talking about when it comes to these markets, he has more understanding of these markets in one pinky than most everyone has put together... I have enormous respect for the guy... who else has achieved all those national and annual awards over so many years??? No one else that I know of, that's for sure... anyone who attacks or even questions his skills and talents only illustrates their own stupidity... I stand to defend him against anyone as needed, I have before and will do again without hesitation, we're honored to have him among us today... GZ

To: robert b furman who wrote (111255)	9/16/2018 7:17:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 223390

The FUN has already started this wk: Japan's Abe Says He Told Trump It's Dangerous to Play With FX (editorial note by JJP: it's also dangerous to play with dynamite, nitroglycerine, and thermonuclear weapons... that does not seem to stop some people from messing around with them anyway) By Connor Cislo September 15, 2018, 11:11 PM EDT Japan's Prime Minister Shinzo Abe speaks during a press conference in Tokyo on July 20, 2018. (Photo by Behrouz MEHRI / AFP) (Photo credit should read BEHROUZ MEHRI/AFP/Getty Images) Photographer: BEHROUZ MEHRI/AFP Japan’s Shinzo Abe told U.S. President Donald Trump that it’s dangerous to broach the topic of currencies, the prime minister said on Sunday. The comment came in a television debate with lawmaker Shigeru Ishiba, his rival in the ruling Liberal Democratic Party leadership election on Thursday, as Abe addressed U.S.-Japan relations. He added that Trump hasn’t attacked Japan on the topic of currencies since their first meeting. In January 2017, Trump said Japan and China “play the devaluation market,” a charge Japan’s top currency official refuted. Asked about Japan’s public finances, Abe said Japan *needs to fully escape deflation in order to achieve fiscal consolidation.* A sales tax hike planned for October 2019 will proceed unless there is another crisis on the level of the Lehman Brothers bankruptcy, he said. Abe also addressed a surprise offer from Russian President Vladimir Putin to conclude a peace treaty between the two countries by the end of the year, which Japan rejected earlier this month. He said many experts think Japan should take a more proactive approach, and that a meeting between the leaders later this year would be “important.” Abe and Ishiba are running for the top spot in the LDP. *A victory by Abe in the Sept. 20 election would put him on course to become the country’s longest-serving premier.* *http://www.bloomberg.com/news/articles/2018-09-16/japan-s-abe-says-he-told-trump-it-s-dangerous-to-play-with-fx?srnd=premium* JP ----------------------------------- Disruptions in the currency markets are the powder kegs that blow up other things.... the 508 point DJIA decline on Monday Oct 19th was reported in the NYT and several other places as being the result of Treasury Secretary James Baker telling the West Germans that the US was just going to let the US dollar fall precipitously as it would make imports more expensive and overseas imports especially from Europe and Germany more expensive. There were several write ups commenting about that.... James A. Baker III and G H W Bush were very much in league with the major media and they were able to make news stories "disappear" if it made them look bad, or did not fit the narrative or agenda that they were advancing. Bush's dad Prescott, was a partner in the very prestigious, super well connected white shoe Investment bank. Brown Brothers Harriman, as well as being a senator from Connecticut. James Addison Baker and Bush were the very best of friend for years and years in Houston.. and The Baker's owned the Biggest Bank in Texas, Texas commerce Bank....... they were the principle members of the law firm Baker Botts... and they had extensive holding in the energy patch... Baker Hughes.... and lots of undeveloped real estate, and mineral rights. Prescott's Dad... was an accomplished man who was the number 2 man at a railroad that Frank Rockefeller.... John D and William's "black sheep" brother was endeavoring to manage. Frank was by no means the fastidious businessman that John D and William were and he had trouble with the Railroad.... operating it and making it profitable.... George H. W. Bush's granddad was a very excellent manager and the running of the railroad gradually came under his control..... Frank died fairly young and caused much heart ache and suffering for his caring and wildly successful.... and also very pious brothers.... It was noted at Frank Rockefeller's funeral the stony cold expression on his brother's faces. However, they did become aware of a very capable and conscientious man who had been a help to them and their troubled brother Frank..... this was when the Rockefellers.... met the Bushes.... and the intergenerational relationship blossomed as both families had similar protestant work ethics and similar Waspish back grounds. It's a very good career move to get the seal of approval of the top working brothers of the Rockefeller dynasty. John