Under Control

Other than making some sales this morning I have done nothing all day. I am long but have some more powder to deploy if another dip does emerge. I believe there is a very good chance we will wake up tomorrow and find that the situation in Japan is under control. Have a good night.

2 comments:

Bernie said...

I hope you're right. There is a lot of risk when they try to restore electricity. The biggest in my mind are a fire when they try to restore some power to a damaged building, a criticality accident when they add more cold water, or the temperature difference cracking the steel containment. Those guys are tired and will want to hurry up and get things fixed. I just hope they don't rush and get it done right. Good night.

Anonymous said...

Global earnings will be down across the board for next 2-3 quarters. Media only talking radiation. very narrow minded journalists on cnbc