Sunday, June 06, 2010
Mr Bo (pic) says that the Feng Suy is against us. Friday the NASDAQ lost 2 - 3% in an ordered way, without panic, which any technician knows, means that we are in trouble. World economy appears sickly and its health is not improving. America (the Fed) will continue to print dollars. This will put the world at a disadvantage since nobody else has this kind of monetary leverage. The moment there is a reasonable alternative to the dollar, everybody will abandon it and the dollar will be worth a shload of nothing. In Israel the TASE is having a very bad day. Only the gas and oil sector (we have one!) is prospering, as new discoveries show we may be a new Norway.