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Frans
In terms of best market, my biggest concern is liquidity and safety. By
safety, I mean governmental stability and liquidity of banking systems.
Look at what's happening in the world today with all kinds of barriers being
erected to the free flow of money.
With regard to those "3.3%" bonds. I don't think you can use the Japanese
model as an example. For the first several years of their world wide
expansion, they rode those low interest rates as a club. Unfortunately they
read their own press releases. I've worked with several Japanese
organizations here in So. CA, and I have to say I'm not too impressed.
Unless you're impressed with a herd mentality, decision by committee so
nobody will be wrong, and a work ethic that puts the company before all
else. It didn't take much insight to realize that the pain and suffering we
(the US) went through with the Savings & Loan crisis as well as corporate
restructuring, would eventually give us a leg up on their structured
methodologies. We need to learn from them as well. It's not a one way
street. We have to work on quality and service. The service part is
difficult to concentrate on when you have downsized everything including
your underwear <G>.
The Japanese approach to interlock companies and financial institutions has
led them to an extremely inefficient and cumbersome business model. Oh
well, enough of my rants. USA! USA! USA! <GGG>
We may not be the best, but at least our system rewards innovation and
punishes failures. Hopefully, we can continue on. My worries are the
failure of education in America, the breakdown of the family and the
encouragement of "no responsibility." That last point is a shorten version
of, "You're not responsible because you (and here you can fill in any
politically correct BS you want to finish the sentence)." Sample reasons
are you were abused, from a poor family, had an alcoholic parent, used drugs
to escape your environment, didn't have a good education....... ad nauseum.
Regards
Guy
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of derksenf
> Sent: Friday, September 04, 1998 12:28 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: RE: Time Zone
>
>
>
> Hi Al, Steve, Guy and the rest of the gang
>
>
> This made me wonder. What do you all think is the best place to trade in
> this global village?
> Are our Australian friends best off because that's where the day starts so
> that they can set the stage, or is it us in Europe, sandwiched
> between Asia
> and the US. So we can see what's coming, acting upon it and pass
> the ball ?
> Or is it the US where the most capital is concentrated and important
> economic decisions are made that affect us all?
>
>
> "the potential of Long Bonds dropping to 3.3%".
>
> If that happens it would might not be so good for the equity-markets.
>
> 10yr yields in Japan went down during the last 8 years to 1.1%
> and may even
> slide down further (into negative territory? Does that mean you
> have to pay
> interest if you buy a bond?)
> Look what happened to their stockmarkets the last 8 years.
>
> Let's start hitting those bids !!
>
> Frans
>
>
> At 23:30 3-09-98 -0700, you wrote:
> >I'm still up!
> >
> >Article in the Journal last week. Talked about the potential of
> Long Bonds
> >dropping to 3.3%.
> >
> >Guy
> >
> >
> >> -----Original Message-----
> >> From: owner-metastock@xxxxxxxxxxxxx
> >> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Al Taglavore
> >> Sent: Friday, September 04, 1998 12:13 AM
> >> To: metastock@xxxxxxxxxxxxx
> >> Subject: Time Zone
> >>
> >>
> >> Steve,
> >>
> >> If you are in Idaho, is this CST? It seems when it gets this late at
> >> night, the only ones up are you and I. We have no one in the EST zone,
> >> and Guy doesn't count because he is in PST where it is still early.
> >> Frans is in Amsterdam just getting up.
> >>
> >> Any thoughts on the unemployment report tomorrow? With the bond so
> >> high, if they can take it up a point or more, would sure make be
> >> interesting to trade off of the high. No way the traders will carry a
> >> high position over a three day week-end.
> >>
> >> Al Taglavore
> >>
> >> Al Taglavore
> >>
> >
> >
> >
>
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