To: Malsua; Grampa Dave; BIGLOOK; M. Espinola; LucyT
We seem to be going down the same path that has led to nearly two decades of economic stagnation and declining stock prices in Japan. Now Japan seems to be headed over another cliff , too.
The long term bottom may be long time from now.
Short term trading bottoms will happen every few months.
77 posted on
02/16/2009 2:57:07 PM PST by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
For Japan this is a replay of very recent history in that of the 'Economic Asian Flu'. During the Asian Flu crude oil prices dropped to under $11 a barrel, and gas at the pump sunk to below $1 a gallon, due to Asian nations curtailing advance purchases, thus creating a world-wide surplus. OPEC & the Russians were very ticked off.
We are heading down the same road, but this time it is not only Asia who has the economic flu.
91 posted on
02/16/2009 11:47:01 PM PST by
M. Espinola
(Freedom is not 'free'.)
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