A lot of people FAIL TO UNDERSTAND THE MARKET. How many here dare to do the shorts i did? You need FUNDAMENTAL ANAYLSIS as well.Now you understand my theory long asia short US. their ecnomy is different state.As i type, India's BSE is retesting it's April highs and could breakout above it, anytime here.
But as I understand from this board the crawling (BSE-NSE) market is manipulated.
What drives the Indian Economy? The US? No, the dosmestic economy is healthy while America is toast have you realised whatever the state of ecnomy is you need so WORKERS. No where do you get them from India.. how does that work?
Lots American companies fire their own workers out sourcing the them to India. zFor example credit call companies direct their operators to India while maintaining them in dian due to cheap internet call redirecting services.
NOW lets focus on the TOP few ASIAN ECONOMIES:
1. Korea
2. India
3. Malaysia
Why, ESP Malaysia, free from property bubble...lots of dosmetic spending Unless you a currency crisis all these countries will NOt experience much of a recession.
Borderline countries with poor domestic:
1. Singapore
2. Hong Kong
3. China
CHina has not developed a good dosmetic economy so they as suspectical to the falls in US. all these three will be hit harder than any of the top three
Worst Asia Economy:
Japan
Inflation is so high you be forced to sleep in the streets unless you stay in the temple resorts which charge $90 USD per day. Hotels are three times that rate.
Their ecnomy has lots more to go down before it can rise.
I encourage all of you to do so fundamental analysis before you hit the buy or sell. you can make money trading with all these because you will cut your lost very easily when the market turns against you. for i dont care. i collect my profit when it turns in my direction.