|
PureBytes Links
Trading Reference Links
|
The Japanese market problems both Yen and Nikkei is ALL political.. I spent
the last 12 years there, and was very active in their market. Once Japan
gets it's political act in order, it will again be a Dynamo... The whole
problem is the Japanese public, has closed their wallet...Until they can see
a more stable market. Japan has the large richest consumers in the world
when they want to spend. They have roughly $1,000,000,000,000
with a T. sitting in a postal savings system, drawing 1.2% and excepting it.
They have little debt.
So for those naive Americans who think Japan has collapsed think again. When
they make a move it will be BIG. The Japanese stock will rebound and the
YEN will rise again. TRUST ME.! Don't under estimate these people. Yes,
they are having problems, and they are SLOW to react, which is a weakness in
their character, but they are some of the most determined people you will
ever meet.
Don Green
|