The reactor buildings are a pile of rubble. One
spent fuel containment pool holds 2000 tons of water.
After dumping/spraying 30 tons of water on the rubble the radiation
levels rose. This is going to go on and on as the fuel
melts below the rubble. These are going to be the
largest concrete tombs in world history - if they can get close
enough to build them. If winds start to blow to the
south (tokyo) or east 1K sq miles of Japan are going to written
off.
This is inflationary for goods (high tech et al) produced
(formerly) in Jpn.
Dollar showing new weakness,,, also inflationary.
If UN declares war on Kadafi,,, oil up,,, also inflationary.
Watching for new signs of commodity price increases and a buy
in.
also, you gotta appreciate a back up game plan which
involves dropping buckets of water from helicopters on a fire which
is nearly as hot as the sun...
is a worst case scenario reflected in mkt action or just 'hope'.
and we all know what happens when you apply hope to a trade.
it just so happens that tomorrow is options expiry, it's been a
long time since there was 50+ spx point of volatility on an
expiration day....
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US, UK Pull Search Teams Out Of Japan As TEPCO Admits Situation Is "Severe"
Posted by jzour on 17th of Mar 2011 at 01:53 pm
NOT GOOD NEWS.
US, UK Pull Search Teams Out Of Japan As TEPCO Admits Situation Is "Severe"
http://www.zerohedge.com/article/us-uk-pull-search-teams-out-japan-tepco-admits-situation-severe
investing and the mess
Posted by rreich on 17th of Mar 2011 at 02:30 pm
The reactor buildings are a pile of rubble. One spent fuel containment pool holds 2000 tons of water. After dumping/spraying 30 tons of water on the rubble the radiation levels rose. This is going to go on and on as the fuel melts below the rubble. These are going to be the largest concrete tombs in world history - if they can get close enough to build them. If winds start to blow to the south (tokyo) or east 1K sq miles of Japan are going to written off.
This is inflationary for goods (high tech et al) produced (formerly) in Jpn.
Dollar showing new weakness,,, also inflationary.
If UN declares war on Kadafi,,, oil up,,, also inflationary.
Watching for new signs of commodity price increases and a buy in.
pulling out
Posted by biscuit on 17th of Mar 2011 at 02:00 pm
the fathers of the folks who built multiple nuclear power plants in an earthquake fault zone should have pulled out...
also, you gotta appreciate a
Posted by biscuit on 17th of Mar 2011 at 02:05 pm
also, you gotta appreciate a back up game plan which involves dropping buckets of water from helicopters on a fire which is nearly as hot as the sun...
back up plan - working or failure
Posted by hazbin1 on 17th of Mar 2011 at 02:11 pm
is a worst case scenario reflected in mkt action or just 'hope'. and we all know what happens when you apply hope to a trade. it just so happens that tomorrow is options expiry, it's been a long time since there was 50+ spx point of volatility on an expiration day....