at a restaurant near you, soon.
fund has lost 3 in russia, 5 in hongkong, 3 in
3 in indonesia, 4 in tokyo and another 3 when
market open tomorrow in the U.S. Like to see him hand
out fries and coke for a change!
Let me clear up some of the points you have
You said Soros is like Robin Hood. Robin Hood took
money from the rich and gave it to the poor. What Soros
did was to rob everybody whether you're poor or rich.
The only thing I will agree with you is Indonesia.
The suhato family and their friends and relatives are
indeed corrupt and they should be punished severely.
However, that is Indonesia. What about Hong Kong,
Singapore, Thailand, Malaysia? These countries are not under
the rules of a dictator. You are dead wrong if you
even imply that these countries are also corrupted. As
a matter of fact, I can tell you this, any corrupt
HK government officials will be punished severely
under the law. The HK government (where I came from)
has strict regulations to protect the government from
The only problem with this countries except Indonesia
is that they have grown too fast too soon without
proper control. Who do you think they borrow the money
HK and Singapore both have very efficient banking
systems with very transparent spreadsheets (unlike Japan
Well, what do you have to say?
Mr. Soros does not want Russia to become a
communist country again. So he has encouraged investment in
the economy there. He has also risked and lost much
of his own money in Russia.
He did not
trigger a crisis by saying that Russia should devalue
currency. He saw what was happening and correctly pointed
The government and officials from
Russia are corrupt. They sole money from U.S. taxpayers,
World Bank, IMF and many investors. There is no legal
system there and it is still not legal to buy and sell
Mr. Soros has good intentions in Russia. I think that
he is naive and misguided.
Don't get so emotional and obscene; I haven't
insulted anybody or said that anybody deserves to be
torchured economically. I come from a country with corrupt
government and I tell you, nobody, not even Soros, can hurt
people as much as their own government's corruption.
When things go wrong politicians will blame it on El
Nino, the USA, the neighboring country, Soros, etc.
They never admit to their corruption draining the
resources from the country into foreign bank accounts, and
destroying jobs in their economy. Look at Indonesia. They
blamed everything on Soros, but guy who resigned (don't
have his name right now) had enough cash to
single-handedly pay off Indonesia foreign debt (dozens of
billions of $$$). The President of the USA makes less than
a $1 MM a year. If this guy was honest and making
$5 MM a year, over 20 years and compounded, his net
worth would only be around $ 1 billion (assuming he
saved it all and paid no taxes). Where did his other
dozens of billions of net worth come from ? Why didn't
he reinvest those funds into his own country to help
its economy, instead of keeping them abroad? Who
tortured Indonesia's people ?
It's a 2 year hold, so I think I'll be fine long
term. It goes in the closet, along with INTC.
guess on BAC is that the exposure in Latin America is
huge, but the expectation for bad news is greater. The
trick on that one is to pick the entry point - after
most of the bigs drops have happened but before the
news is out. Then I'll need to hold it for 12
Seriously, AOL is the only trade on the plate now. I'm even
twitchier than the market. So everything else is optimistic
long term planning. (Remember, we liquidated a bunch
before the big fall so are cash heavy, even with the
buying. It's mostly going to bonds, but core holdings
seem attractively priced.) Oil looks good, but I don't
know enough about commodities to even guess a bottom
by any method other than share price movement. And
right now that's hard to guage, with "value" being a
possible upside trigger. Like I said, I'm
Dell? Who knows. The last "whoosh" was recovered from
fairly quickly in large caps and December was a one-day
event (that's when small-caps lost almost all momentum)
so how do you evaluate a volatile issue in a mixed
to down market? I'm with you, I wouldn't want to be
the average day trader right now.
Do you think that SOROS is Robin Hood?? Due to
*ucking gambling on poor country, many good people are
Sometimes people take a suicide
with their family due to economy crisis. Economy
crisis to them is totally differnt from 500 point losing
of Dow to American
You know that??? Donation to
Russia??? This is kind of mean behavior for tax
reduction.(Anyway, this is nothing to better though)
think if goverment is corrupted, people in that country
deserve to severe torture????? If think so, eat your
I will pray on your family to have
a same tragedy if you do not regret your
wondererer, I take it you mean something OTHER
than equity investing. hehehe
<gasp> have you come to appreciate the volatility and
upside potential brought by short-sellers? I have to say
the effect is rather muted in a large cap, but it
sure is fun to watch covering on a small cap. Mad
scramble doesn't begin to describe what happens in an
issue with an ADV of 250K or less. (Hedge funds are
much smoother. The stock steadily trades at a clip of
+/- 5K shares, either sideways or up an 1/8th - if
the trader is good. That's fun too, if not as
Never cared for the wire, now the
Just a joke, I'm strictly a low risk type (not a play
it safe though -- there is a
BAC? I don't know, how bad is their Latin America
exposure? (As Anangel noted, banks can be
AMAT? I'll keep my finger crossed that it makes a move
As you may know, I'm fully insured on
INTC. Good luck.
Oil's been such a tease lately
that I'm trying to keep to my resolve not to respond,
regardless, until I get a chance to see the latest numbers on
Oh, DELL. 20% up, or down, or
nowhere over the next few weeks -- it's times like these
that make me glad that I don't quick trade.