tag:blogger.com,1999:blog-4102429195693595750.post5258826234646823240..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Hellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4102429195693595750.post-66462872405393867712007-05-15T04:24:00.000+03:002007-05-15T04:24:00.000+03:00The Chinese authorities have just announced (last ...The Chinese authorities have just announced (last Friday actually) a new way to cool their markets. They're allowing, for the 1st time, PRC nationals to invest in overseas markets (starting with HK, and perhaps other markets later). I guess this is an attempt to divert money away from the Shanghai / Shenzhen bourses, to other markets.Gilbert Koh aka Mr Wanghttps://www.blogger.com/profile/01027678080233274309noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-6287450912759307602007-05-14T22:43:00.000+03:002007-05-14T22:43:00.000+03:00When will it end? When everyone is long, wildly ha...When will it end? <BR/><BR/>When everyone is long, wildly happy and hoping for "just another 10% and I'm out".Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-39084637396692754262007-05-14T06:43:00.000+03:002007-05-14T06:43:00.000+03:00We all know that the Chinese housewives and studen...We all know that the Chinese housewives and students can't be right.<BR/><BR/>The question is - when will they be proven wrong? Eg if Chinese stocks go rising for another six months before the inevitable crash, well, investors who get in today and get out in 5 months' time are still going to be smiling.<BR/><BR/>I started bailing out of Chinese stocks in Dec 2006, by which time I had already made a bundle. <BR/><BR/>Chinese stocks fell in Feb 2007, and I thought "Aha, here comes the crash. Lucky I'm out." Well, they fell 9% in a single day, but they bounced all the way back in March and April. And are still charging towards new highs.<BR/><BR/>I started getting back in, in March 2006. So I got to enjoy the sharp ride up. Last week, nerves (or wisdom) got the better of me, and I started bailing out again. Once again I have made a lot of money, but once again the market goes charging on. For ... how ... long? <BR/><BR/>Another month? Six months? A year? Two?Gilbert Koh aka Mr Wanghttps://www.blogger.com/profile/01027678080233274309noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-78708602566853904322007-05-12T01:42:00.000+03:002007-05-12T01:42:00.000+03:00But this time it will be different; different than...But this time it will be different; different than all the other times it was supposed to be different. Ah hell, double or nothing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-71511051468746685212007-05-11T19:09:00.000+03:002007-05-11T19:09:00.000+03:00Re: pig/rat yearsSo far the names are extremely ap...Re: pig/rat years<BR/><BR/>So far the names are extremely apt... but maybe we will get a two-fer in 2007. The year when the pigs get fat and eventually get slaughtered and when the rats jump ship.Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-47238959564193166792007-05-11T15:27:00.000+03:002007-05-11T15:27:00.000+03:00Don't discount the influence of Chinese Astrology....Don't discount the influence of Chinese Astrology. The Chinese are not only some mighty gamblers, but astrology and other beliefs (Feng shui) have great influence over their decisions. The year of the pig was predicted as a great year for prosperity and the stock market. This may be a self-reinforcing and self-fulfilling prophesy. As I understand it, the prediction continues to say get out before the year of the rat in 2008.<BR/><BR/>Jason BAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-84521900879878889382007-05-10T14:34:00.000+03:002007-05-10T14:34:00.000+03:00It doesn't seem likely that this mania can continu...It doesn't seem likely that this mania can continue into the 2008 Olympics at least not at the same frenetic pace. The authorities certainly must be concerned with the possibility of a stock market crash and economic downturn occuring prior to the Olympics. I can't imagine China will be a fun place to be if all the taxi drivers and other locals have lost their life savings in the stock market.Anonymousnoreply@blogger.com