China
Started by
selecto
, Apr 07 2007 06:41 PM
3 replies to this topic
#1
Posted 07 April 2007 - 06:41 PM
#2
Posted 07 April 2007 - 07:14 PM
Selecto,
In my opinion, the notion of a major collapse in prices just doesn't seem
very likely to most. I have my doubts too.
Nothing to worry about since we got circuit breakers and helicopter Ben
to bail everybody out....
The market has been going up for 4 years, no reason to think it won't continue.
Very few expected the magnitude of Feb. 27th, with the flat VIX and clean uptrend.
I think the market will break hard soon, at least sometime this year.
Greenspan already talked about a possible recession, I take his comments seriously.
#3
Posted 07 April 2007 - 07:58 PM
Neat trick, but doubtful.
Best,
LB
#4
Posted 08 April 2007 - 12:15 PM
Japan's Nikkei looks ready to break-out above it multi year down trend, it is very doubtful that China would implode while Japan is surging. Much of Japan's growth is linked to expanding trade with China.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/