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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
You don't buy a home if there is a probability , no matter how small, that it one day cost you
10 million, although if all goes well the cost is 300.000. I think however credit tightening will also kill nukes in China.
by the way, china still a poor country, many people save their money by use solar water heater.
chinese never feel safe after 1840, unless our government gone, nuclear plants will have more and more in china.
chinese coal qulity are poor to fit plants demand, india cut their coal supply to china. and crude/gas have a lot of shortage. we just have no choice. nuclear is the only choice which western wont use, so we can buy it cheap(not really cheap).
1. Reactors keep melting away. That means hydrogen released with radiation from the damaged cooling system finds no way out, hence blows up. If wind changes, this will be worse than Chernobyl, some say anywhere between 10 to 20 per cent of Japanese islands may not be suitable for further living.
2. Everyone expects Japanese to order more construction materials. How are they going to pay for it? What are they going to sell? Will GDP fall this year 3 per cent? 5 per cent? Where will USD/ JPY be, come April?
3. There is speculation out there the same is going to happen in the Norhtern America (just google New Madrid) in the third decade of March. Who can say for sure?
Indeed these markets are for the brave
This sort of event is why I feel that fundamental analysis has its limitations so when I hear someone use words like "must do this or that", "certainly" dadida, it makes me shudder as a trader. Combining fundamental bias with tech chart analysis is the best deal imo.