Friday, August 10, 2007

Visa-a-vie

I got my elusive Visa today. What is whacked is that they gave me a 'single' entry visa. what does that mean?

It means that I can only enter the country once with this visa. If I want to leave and come back in, I need to get a re-entry permit! What the hell man? Apparently there is a 'multiple' entry visa but they didn't give me this. I don't understand who would want a 3yr visa without the ability to exit and re-enter the country. I am not going to Tokyo to be in prison for 3yrs dude, I do plan to leave the country pretty often.. duh.....

Oh well. I have to figure this out when I get to tokyo.

Mortgage and housing market is crushing the stock market. I took a poorly timed position into financials and got burned. Goes to show, better to stay long and steady than to jump in and out. I was lucky to time my exit of 70% of my portfolio last month before this collapse, but then I jumped in on a speculative buy which pretty much negated any benefit and then some.

I think its wise to stay out at this point. My coworker said to short BSC. He said they are going to have to consolidate and get bought out. Hmmm... interesting. Of course everyone is a stock market guru so u never know.

Ironic.. I am going to be working in the MBS market. I wonder if the market will exist after this meltdown. Damn. Oh well my formal job is ABS/Structured Finance Analytics Developer. But we'll see what my title is when I join, probably just "Associate" or "Developer" so who cares.

One more week of slacking!! Then the new tokyoaction blog takes over!



see this wiki entry for details on the man 2nd from the left.

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