Friday, December 14, 2007

Japanese economy

Nikkei 225 plummet 4% last Friday. I felt fortunate for having cashed out earlier.

It's interesting the way they describe the market as if it has a life and free will of its own, e.g. " 'the market tried to make its way back and couldn't hold it', said Yuichi Matsushita, a market strategist at Nikko Securities. "  

 

Truth is, anything excessively good won't last long.

 

Do I hear any echo from Shengzhen and Shanghai? 

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