Nikkei down, hard tonite, gentlemen.

It has been the consistent position of The Bearrister for 6 years or so (Porter will attest to this, Drak too - they SHOULD if asked) that Japan is a disaster in the making, a financial black hole, a capitalist's"death star" that NO amount of assistance the West can provide can help/rescue, etc. It was only a matter of time before it imploded and moved, front and center to the radar screen of the financial superstructure of the Western economies. That time may be NOW. Their govt is tottering, their interest rates dropping again - if they keep halving it, however, they'll NEVER get to zero! - their markets plunging, their corruption-riddled rotten financial architecture about to be stripped BEAR by new disclosure/transparency reqmts, etc. etc., ETC.

All of this should help significantly in stymieing (sp?) any rally by the bulls, and perhaps even trigger a crash on Wall St.

I've said Japan may prove the catalyst for the financial ruination of us ALL in the West, the end of the great bull mkt, etc., IF something else like derivatives don't come along first, thatiz, and that insidious chemistry may be getting going this week.

They'd better figure out a way to halt the plunging Nikkei, PRONTO or the world is going to have HUGE trouble.

Ist es nicht schön wie jetzt schon nach den Schuldigen gesucht wird, obwohl noch gar nichts passiert ist?

Für den Autor des obigen Artikels (ex USA) ist Japan Schuld wenn die Wall Street crasht. Andere werden Greenspan verantwortlich machen, bei den Massenentlassungen bei DCX sind die Deutschen Schuld, usw.

Was wohl erst passiert, wenn die Indizes wieder ihre 1998 Crash Low erreichen (werden sie dieses Jahr auf jeden Fall, ob nun noch Anstieg neue ATH oder nicht).

Gruß be

PS: Ich bin momentan teilweise nicht mit den Elwave Szenarien einverstanden, sonst würde ich sie ins Forum stellen (DJI,SPX,NDX).


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