With the help of the financial actors, the financial priates had started the wealth rotation game. The financial actors even said it is the starting of the bull market in the radio. It is so horrible. Is it the bull market happens in the recession. Look over the history. It is really hard to find this experience.
I felt sad about it. The innocent housewife don't understand the detail and just believe what this actors said in the radio. Can this people do some charity?
Today, China release the data that the China's exports fell for the first time in over seven
years in November while imports dropped sharply, reflecting the severity of the slowdown in global trade. China's November exports dropped 2.2% from a year earlier to $114.99 billion,the first monthly decline since June 2001, Imports had risen 15.6% in October, and economists had expected growth of 12%in November.
years in November while imports dropped sharply, reflecting the severity of the slowdown in global trade. China's November exports dropped 2.2% from a year earlier to $114.99 billion,the first monthly decline since June 2001, Imports had risen 15.6% in October, and economists had expected growth of 12%in November.
As every governor understand the difficulties in future and thus launched the stimulus investment plan. The worst situation is still out there.
The security market are the reflect of human behaviour. It is so short term and subject to the hope of the investors. Most often as the reality come, it is different.
This wealth rotation game is going on but be careful that you notice the truth and don't believe, the future will be better based on the public said the HK index will go to 16xxx. The chart can tell you the truth. Be careful and find the exit point smartly.
The HSI Index close at 15577 + 824 (+5.59%) and 618M Turnover
Dow future @ 8828 + 108
Believe the DOW will on uptrend tonight.
Pro Nasdaq QLD, Pro Dow , DDM and Pro S&P SSO
Besides, with the help of Obrama plan
Can try the Steel related ETF SLX, Company like AA and ZEUS.
Remember to do hedging if it bounce too high. SKF for financial, SDS for S&P and DXD for DOW
Comments
內地經濟在第四季急促跳入冰河時期，更驚嚇的數字還在後頭，內地權威經濟學家對陸羽仁話，工業增加值受外需不足導致訂單下降以及生產成本上升的影響，正在急降，按工業增加值推算，10月時工業增加值為8%，11月的GDP增長已跌到5%，11月的增加值急跌到5%，以此推算11月的GDP增長只有3%! 在內地的尺度看，這是十分嚇人的低增長，若11月只有3%，即使12月GDP增長因中央推出1000億救市資金而略升，整個第四季的GDP增長都不會超過4%，大幅低於第三季的9%增長，這也是中國極低的季度增長。
I don't know why someone can say it is the beginning of bull?
Patience is a virtue…
We will continue to closely watch our indicators for signs of a market bottom.
Investors should note, however, that market history shows that it is much better to be late than early when trying to time a stock market bottom. Patience is a virtue.
…except in the case of the old investment themes
Patience isn’t likely to be rewarded, however, when it comes to waiting for old investment themes to come back to life. There will undoubtedly be periods during 2009 when the old themes rally, but we would use such opportunities to rotate out of them. Commodities, emerging markets, real estate, hedge funds, and others remain too credit sensitive for our taste. All told, quite a bit of damage has been done during 2008, but valuations are correcting, and we see opportunities.