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Thread: Sensei's account talk

  1. #13

    Smile Re: Sensei's account talk

    Hi Sensei. Like Guchi my family and I lived on Okinawa during reversion. Afterward in order to get your car pass inspection, the car had to be newly painted or have a good nice looking paint. We lived in Naha city just outside Naha AB where I was stationed. We liked to drive over to White Beach (Navy facility) to visit the gift shop. Shopping was great. We bought a lot of stereo gear mostly off base (Sansui, Pioneer). When we left I wanted to buy a Sony TV but they were sold out. So bought a Samsung TV and it lasted about 15 years. Kobe Stake resturant. I use to limit my replies to titter length but I get carried away thinking about the great times on Okiwawa.

    Ira AKA Handballer

    Quote Originally Posted by Sensei View Post
    By the way, I love baseball, and live in Okinawa - the home to Japan's spring training camps. This month I can go watch the Hiroshima Carp practice any day during my lunch break. Today I saw former Diamondback Chad Tracy trying to get back into shape. He's got some work to do. Here's to recoveries - physical and economic!
    "I'm your Huckleberry"

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  3. #14

    Join Date
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    Default Re: Sensei's account talk

    Great to hear from you, Handballer! I love to hear about people's connections to Okinawa. Seems like most people in the military have at least passed through at some point or other. I live across the bay from White Beach and can actually watch the ships go in and out from my balcony. They've got some trailers you can rent on the beach that have probably been there since you were here! It's a fun place to take the kids.

    Not sure which steak restaurant you're referring to - there are quite a few around. Sam's By the Sea is the most well-known. Tasty stuff. Keep the memories coming!

    Quote Originally Posted by Handballer View Post
    Hi Sensei. Like Guchi my family and I lived on Okinawa during reversion. Afterward in order to get your car pass inspection, the car had to be newly painted or have a good nice looking paint. We lived in Naha city just outside Naha AB where I was stationed. We liked to drive over to White Beach (Navy facility) to visit the gift shop. Shopping was great. We bought a lot of stereo gear mostly off base (Sansui, Pioneer). When we left I wanted to buy a Sony TV but they were sold out. So bought a Samsung TV and it lasted about 15 years. Kobe Stake resturant. I use to limit my replies to titter length but I get carried away thinking about the great times on Okiwawa.

    Ira AKA Handballer

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  5. #15

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    Default Re: Sensei's account talk

    Quote Originally Posted by Birchtree View Post
    We had a painful correction of 16% from April to July 2010. Since 1940 there has never been more than one 10% (or more) correction in an ongoing bull market. This bull started in March '09.
    Good to hear that the odds are against a severe correction. Today was my kind of day in the red. I'll take a .02% loss to a 2% loss any day.

    I finally got around to adding myself to the Auto Tracker. If I had done it back at the New Year, I'd be hanging with all the others in the S-Fund. As it is, I'm starting at #682. Not much place to go but up from here!

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  7. #16

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    Default Re: Sensei's account talk

    My prediction for this week is pain. Lots in the news, and none of it good. Middle East unrest (namely Libya at the moment) driving up the price of oil, disaster in New Zealand, and a report that the housing collapse was actually worse than we thought. None of sounds encouraging. Instinct tells me to step aside, but I'm pretty much resolved to follow the Sentiment Survey this year. So, I'm going to hope that the end of the week sees a resolution to some of these conflicts.

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  9. #17

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    Default Re: Sensei's account talk

    Well, I was right about the pain I predicted for this week.
    All in all, I think it could have been much worse. I'm down 1.67% on the week, and the tracker shows me at 707. I was dead last yesterday - the alphabetical order didn't help! LOL. The truth is, though, that I've been in the S-fund all year, so I'm still looking pretty good for 2011.

    Like it or not, my horse is already in the race for Monday, so I think I'll at least stick in the S-fund to see how the 1st of March plays out. I'll be watching the news to see what happens to Momar (I prefer the Reagan-era spellings) this weekend. It can't end well for the old Colonel, and I'm not convinced that a popular uprising is going to be a positive in the long run. What scares me is that these popular uprisings in the Arab world are comprised mainly of Shiites, who have a pretty negative track record in their attitude toward and dealings with the West. If the Shiites gain control, I fear they'll elect religious leaders who, eventually, will just rule autocratically like the predecessors they are overthrowing.

    In the short term, though, I think the stock market will react positively if Qaddafi (Gadhafi? Ka-daffy? ) is overthrown. Hopefully something will happen over the weekend to help me decide whether to stick with the Sentiment Survey or hide out in the G-fund.

    On a side note - I saw in the Japanese news last night that South Korea is dropping pamphlets over the North to make the people aware of the Middle East uprisings. Looks like they're trying to stir up rebellion there as well. More political unrest could loom on the horizon. All the more reason to hide out in G...?

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  11. #18

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    Default Re: Sensei's account talk

    If you ain't Muslim, you ain't Shiite!











    peepwall.gif


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  13. #19

    Join Date
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    Default Re: Sensei's account talk

    I road this thing out so far in the "S", I still have HEARTBURN! bandagesbloody1.jpg
    06/18/2020
    LS CRUDE Oil
    =$38.84 a Barrel, Daily Status +$.88

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  15. #20

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    Default Re: Sensei's account talk

    Well, the market just opened Tuesday morning in the U.S., but it's getting close to midnight here in Okinawa, so before I go to bed I'm just dropping a line to say I'm sticking with the S-fund for the rest of this week. I'm not sure what to make of its weak gain yesterday compared to the other funds, and I'm scared as hell of the unrest throughout the world (it looks like there are rumblings in China and Venezuela now). It kind of reminds me of when the Berlin Wall fell in late '89, then the USSR in late '91. I looked up the S&P during that time - it made something like 30% gains in both '89 and '91. It lost about 6% during '90. So I guess money CAN be made during times of unrest.

    Good night - I hope I wake up to see GREEN...

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  17. #21

    Join Date
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    Default Re: Sensei's account talk

    More like this kind of green....



    Sorry, couldn't resist.

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  19. #22

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    Default Re: Sensei's account talk

    Quote Originally Posted by Tsunami View Post
    More like this kind of green....



    Sorry, couldn't resist.

    Ugh. You weren't kidding.

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  21. #23

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    Default Re: Sensei's account talk

    After a loss of almost 2%, the S-fund rallies with a gain of .48%. One step forward, four steps back. I hope this pattern doesn't continue...

    I'm more PO'd about the fact that the State Dept. has decided to reduce COLA for all DOD employees in Japan and Okinawa. I looked at a historical chart of monthly averages, and the $ has been the weakest ever against the yen since October 2010 to today. So now the federal government has frozen my salary for the next two years and reduced a benefit that is a major incentive in the decision to work overseas. What a good way to stimulate sales at the base exchange and commissary!

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  23. #24

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    Default Re: Sensei's account talk

    Oof, I'm starting to get nervous. While I really want to stay committed to sticking with the Sentiment Survey, my gut is telling me to bail out this week. I'm afraid of this purported "Day of Rage" on 3/11. I figure by Wednesday investors will start taking their money off the table, if not before. I'm very tempted to eject now, but then I see in the WSJ a story about some bigwig in Singapore (sorry, I'm new to the financial world and don't know who's who yet) is suggesting that the U.S. recovery is stronger than the average American realizes. So that should be a positive. I think over the course of the year, stocks are the place to be. But from a timing standpoint, this week is probably a decent week to sit out. I might need to sleep on it (which would commit me to the S-Fund through COB Tuesday).

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