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Great idea Doc

 

Might be more appropriate if I post the daily Aussie market snapshot here. I'd really like to see stoolies from other countries doing something similar. I know there's a lot of you lurking out there and its much more interesting to get a verbal on the inside story rather than just looking at numbers and charts..

 

Btw Bontchev if you cruise by: is there a stockmarket in Iceland?

 

Lastly can anyone supply a Nikkei live chart link? Yahoo's hasn't functioned since Mar 14. Could search myself but I'm lazy..

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Hi All and special G'day to our favourite Sheila.

 

SE Asian Report: (Note that this has been translated from the original Bahasa Indonesia by placing it on a board and banging a few nails through it.)

 

As I sit at my computer to type my little report I notice FlorAss asleep on the floor (where else?) with all four legs in the air. Not a care in the world unless a cat or rat happens into the yard. So is it here in Djakarta. Life goes on for most, as the munchkins and ewoks (my endearing term for Indonesians) continue with their daily existence. News comes through of terrorist cells operating in Surabaya but no real news. The gods (expats) are in lock-down and many are not permitted to travel by their Mother Companies. In the normal human vein of self-interest, they worry that the war will lead to the relatively minor inconvenience of evacuation.

 

Being self-employed (unemployed actually) I am free to travel and went to Singapore on Friday as my 60 days were up. There was no evidence at any time of anything out of the ordinary. In Singapore I saw a lot of soldiers but that may not be unusual. At one point while bussing into the city I saw a poignant vignette of a platoon of camouflaged-fatiqued soldiers marching down the bike path, the tail man with a large red flag sticking out of his pack. Behind that was the ocean. Sticking out into the ocean was a small rock outcrop. Standing on this low outcrop was an Indonesian man clad only in a Speedo very carefully working on his golf swing. No club, of course.

 

I may have a job interview next month in Abu Dhabi if it's still there. Till then I continue to seek employment here and there whilst I cling to both civility and civilization.

 

PS: POG doing the rounded bottom thing. Go dirt!

 

PPS: Canoodles are definitely NOT Global.

 

PooPS: I wonder if somehow we could get an international register or listing of Stoolies by country in which they Stoolicate.

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HRFF will UDDER one of his maxims: Keep your eye on the Nikkei/Japan.

 

CB's may be able to prop up NY. They can't prop up BOTH simultaneously.

 

Even Croesus couldn't.

 

Given a Hobson's choice, which they're now staring at, you know which one will win.

 

And when Tokyo goes, we all do.

 

Period.

 

Watch it carefully.

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Hey thanks Alceringa...Everything you wanted to know... :D Seriously though a nicely put together site and the index looking bullish, who says the world is US-centric?

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UK/Europe dumping big time, Footsie down 2% in 1.5 hrs. US futures tagging along... Hmmm getting interesting, might be the one the bears have been waiting for..

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Gold being capped by the $4 rule. Somehow gold is not allowed to move up and close more than $4 higher in a day. It can fall any amount. Yesterday 325.5 to 329.5. Today maybe to $333.5. If it trys to break over they will hammer it. Don't know how long they can keep doing it. Something has got to give.

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Btw Bontchev if you cruise by: is there a stockmarket in Iceland?

Yes. It even has an index - ISEX-15. Not supported by Yahoo! Finance or StockCharts, though. :( I think Bloomberg provides quotes and charts for it - but I can't find the link. And, of course, you could always go directly to the exchange's web site, as alceringa has done.

 

The exchange is heavily dominated by fishing industry companies - that's why the index looks bullish. The IT, airlines and services industry in Iceland is slumping just like everywhere else. There hasn't been a single tech IPO for the past 2 years, I think. The company I work for was supposed to go IPO but didn't - due to "averse market conditions", as our financial officer (who happens to be the wife of the boss) tells me. I keep telling her that if she's waiting for the bear market to end, she's in for a long, long wait...

 

Heh, even Bulgaria has an exchange nowadays. :D

 

Regards,

Vesselin

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