just commentary

POMO, employment numbers, first day of month phenomenon, friday,  $750 billion of total central bank currency intervention past few weeks since nuc crisis, did I miss anything?

mkt's shouldn't be concerned about the Japan nuc crisis, their govt. says everything under control (just ignore the 1400x radiation limit in sea water 1/2 mile off coast, and don't worry about the workers exposure at 1200 parts per hour - disregard media reports that's the maximum exposure levels the electronic readers can show-. also disregard the IEA's finding that radiation exposure 25 miles from plant is deadly to humans as that information is outside of the 14mile 'official' radius the Japanese govt recommends.  In Euroland: please disregard reports that the Irish banks need another $50 billion of capital.  and don't mind the fact that $50 billion of their current outstanding Irish bank debt is not 'yet' guaranteed by the country (despite rumblings that the new govt want holders to take a haircut). EURO politicians are doing everything in their power to correct that 'minor' issue lest it effect their banking industry who have as yet to take any haircut on the first $65 billion in debt paid off by Ireland by use of the 'lifeline' the euro central banks have given (yes the Euroland banks funded the line to pay themselves back with Ireland purportedly having to repay that LOC, FYI Ireland has only 1.5 million taxpayers). please also ignore any banking issues in Portugal, they too will soon cower to the ways of the Euro central banks (right now Portugal is fine with paying 10% rates, just so they don't have to go to the Euro bankers).  see the world markets are a 'safe' place  POMO will continue as planned, Bernanke' 'put' continues, there is no risk .... yet....

president is going to be speaking today about US energy security (putting the blame of high oil prices on speculators and China, while keeping the lid on any new oil drilling projects in the US), probably pushing solar power and maybe even nuc power. BPT, how are the solar stock charts looking these days?

the headline media is focused on Libya (what a waste of good press), ignoring the reality of Japan. the nuc crisis has been moved to 6 on a scale of 1-7 (5 being 3-mile island, 7 being Chernobyl).  reactor #3, (the one with plutonium) most probably has a cracked core, which is why radiation is leaking out.  where it is leaking is going to get more attention this weekend as it moves out to sea and up and down the coast of japan, let alone by air to 50 miles out from the center of the nuc plant.  a small story I noted out of china reads that 2 Japanese tourists arrived on the mainland and were immediately hospitalized for radiation exposure, but they claim they didn't come within 150 km of the nuc plant.  how is that? I see headlines of Japanese dairy farmers dumping milk in drains on/near their property because of radiation contamination (aren't they just spreading it around?). The US and Euro land are still downplaying the exposure (for now), but what happens as more travelers to/from Japan arrive here and Euro land and set off radiation detectors? are they suicide bombers or innocent carriers?  what about the sushi nori wrappers we all use for our sushi? don't they come from the coast waters/ocean off Japan? (will they glow in the dark?) What about all the raw materials Japan imports, what happens to those needs if Japan is 'quarantined' and can't ship finished goods?  Asia philosophy believes strongly in the number 3, we call it the 'perfect storm'. My count 1) 9.0 earthquake  2) tsunami  3) radiation crisis . Next week should be rather exciting for the markets (let alone the world) .  And while next week is quarter end, that has not stopped the seasonality to be historically poor for the markets (I read that somewhere).  the aforementioned sure makes a good excuse for the Bears to take over for a few days....  all the above IMHO of course, have a great weekend all.

I asked a third party to research the basic premise of that post (from 3/21 @ 6:18pm est). the response is as follows:   I've looked at it, and there was a slight downside edge but I didn't see anything too terribly consistent with it.

PM me if you want to know which website gave me this response.

 

googling where ipads and ipods are made, the answer appears as China. my question,are any parts sourced out of Japan? will that be an issue for them to meet their sales targets?

UN passed resolution, British and French get first wave as early as tonight.