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Re: J Yen and the Nikki



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Don Green wrote:

> 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

Ain't that the truth!  Glad to see someone in such a clear perspective :)

Have a good one
Jeff Harteam
Hong Kong