Billionaire investor Warren Buffett was absolutely right when he said Japan’s devastating earthquake is the kind of extraordinary event that creates a buying opportunity for shares in Japanese companies. It’s no brainer that the earthquake and the nuclear catastrophe was a temporary setback unless of course the whole Japan island was totally wipe out.
Furthermore, Japan was the third-largest economy with deep pocket so the last thing you wish to worry about Japan was whether the country has money to rebuild whatever that was destroyed by the tsunami. Being a so-called long-term investor, of course Warren Buffett can be forgiven for skipping the chance to make some pocket money, short-term profit during the panic selling. Short-term trading was not the cup of tea for Buffett but definitely FinanceTwitter would not let go of such opportunity hence the small amount of profit with Put Options.
Japan nuclear crisis seems to have stabilized. Seawater is being pumped into reactor No. 1 and No. 2 while concreate is being poured into the nuclear fuel rod pool at reactor No. 4. Work is underway and the Japan government says power may turned on to reactor No. 1 through No. 4. The crisis has not ended but at least it’s not getting any worse, at least for now. The latest hot happenings is definitely the authorization by U.N. Security Council that voted on Mar 17 in establishing a no-fly zone over Libya.
As of Sunday night, the United States and British military had fired a total of 124 Tomahawk cruise missiles at Libya’s air defense sites under Operation Odyssey Dawn. The coalition’s other partners include Belgium, Canada, Denmark, France, Italy, Norway, Qatar and Spain. In a latest air strikes, Colonel Gaddafi’s palace was targeted prompting speculation that the allies were trying to kill the dictator.
While Gaddafi whereabout is unknown, his forces have resorted to desperate attempt to stop or at least delay further bombing (targetted at Gaddafi) by bringing civilians to Misrata to use as human shield. President Obama is trying very hard to play down his administration’s main role in the operation and his officials said they plan to hand over operational control of the military mission. Thus, while air strikes were the easy part, the difficult part would be on the next mission to enforce and command the no-fly zone.
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- Vehicles belonging to forces loyal to Col. Qaddafi were bombed during an airstrike
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- A technician inspects missiles mounted on of one of six Danish F16 fighters
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- Ground crew transport weapons for an Italian F-16 Fighting Falcon
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- An F-16 jet fighter is parked at the Nato airbase in Aviano, Italy
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- A tank belonging to forces loyal to Libyan leader Gaddafi explodes after being hit
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- Libyan soldiers inside Bab Al-Aziziya, Gaddafi’s compound in Tripoli
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- There’re still Gaddafi’s suporters who believe in the Dictator’s rule
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- Residents poured into the streets rejoicing rebel successes
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- A female fighter celebrated in Benghazi after government forces had withdrawn
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- A Tomahawk missile launched from the Barry. View from night-vision lenses
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- The United States Navy destroyer Barry fired Tomahawk missiles from the Mediterranean Sea
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- An administrative building hit by a missile in the heart of Col. Muammar Qaddafi’s compound in Tripoli
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- Libyans stood atop a wrecked tank belonging to loyalist forces on the outskirts of Benghazi
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- Rebel fighters celebrated in the streets of Benghazi
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- Don’t waste – A rebel emptied the pockets of a dead African soldier who had been fighting with Qaddafi’s forces
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- Some of Gaddafi’s crew fled, leaving the vehicles
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- U.S. and European forces continued a broad campaign of strikes
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- Burned trucks and civilian cars were everywhere
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- Allies jet fighter ready to strikes
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- RAF Tornado getting ready for a night mission
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- Too eager to fight – Rebel takes aim at aircraft
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- No bullets are too heavy to carry – Rebels
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- AAPL Profit Mar 2011 350 Put Option
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- RIMM Profit Mar 2011 65 Put Option
Other Articles That May Interest You …
- Japan’s Chernobyl – Greed For Profits Above Safety?
- Nuclear Fears Rips Global Stocks, Ain’t Over Yet
- Photo Galleries: The Day After Japan’s Tsunami
- Japan Tsunami’s Greatest Problem – Nuclear Meltdown
- Gaddafi Moved Personal US$4.8 Billion To London
- Mad Dog Gaddafi to Spook Oil Prices Up North
- Nuclear Plant – Tenaga’s new Toy worth RM10 billion?
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March 22nd, 2011 by financetwitter
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libya is attacked coz doesn’t follow 100% what the western wants. what happens to the arab saudi and bahrain dictators?why the western doesn’t help the Palestinian? double standard in the name of justice.