gold bug will tell you it is the only "real money" . It just temporary downside. All currency paper is toilet paper,

That is already happened. Look at USD vs other currency ( with China exception). Stock index especially ASX , and Nikkei been dropping quite a lot lately. So some profit taking from table already happened few weeks ago.

I read a news somewhere Chinese Government start doing investment in US real estate ( The way how japan did it in late 1970's to early 1980's ).Maybe many of them re-enter real estate market? or just sitting their cash in bank?

I dunno man. I just hold my holding and do nothing while keep increasing my cash reserve.

The recovery really quite intact in US, but in China and Japan...the opposite happened. The economic well-being made by US will always cost something to other big economies such as Japan and China.



This post has been edited by foofoosasa: Jun 11 2013, 10:46 PM

-double post deleted-

This post has been edited by foofoosasa: Jun 11 2013, 11:18 PM

The real problem is in banking sector and manufacturing sector of China.

The rising of chinese yuan recently kinda "forced" by USD rising indirectly causing a lot of manufacturing sector in really bad condition with their previous tiny profit margin. Most of the money by these entrepreneur flee away from real economic activity to unproductive economy such as goreng real estate market & etc. The local government in China had trouble to repay their money to banks institution in China, the only solution is to "borrow more to pay existing debt" method.

In US, totally opposite is happening, banking sector recovering while unemployment start going down. So it is not surprising the major trend will continue for another 2 year - 4 years ( with some minor correction in between, OK I am not trying to timing here , just my noobie guess). Actually I still dunno why people claim that US index in all high time bla bla bla, super overvalued compared to our market and some compare the index to gold price. In fact the overall market in just in P/E 10 - 11 though I know P/E is not a good indicator.

This post has been edited by foofoosasa: Jun 11 2013, 11:19 PM

For me, they are having trade wars now without a doubt.

The sponsor issue may not as simple as it seems. It is all about you know how to play the law. In US/ Europe, a lot of subsidy by US goverment in XYZ industry . Though China deserved to get the penalty, but for me doesn't mean the US/Europe doesn't subsidy in certain industry with is unfair to global trading too. That's why trade war is happening since 2-3 years ago, everyone complaining to WTO, keep find another country's evidence of unfair global trading etc. China is still up to level in this "game", and end up got the penalty.

The restrictive of lending and raising interest rate only can cooling down a bit but not deflate the price of Real Estate. Manufacturing sectors / entrepreneurs are experiencing very difficult period at the moment. Plus, some of the extra penalty from US, if we talking about solar panels industry in particular, the almost 70% of the solar panels related forced to closed down.
It seems like the next country will be in trouble is either in Japan / China / Europe.

Yes the accounting reports/ statements heavily manipulated even those listed in H shares. Close to 90% of my portfolio are holding these Chinese Banks even though I knew what's wrong with their financial report.

Instead of Kaboom, my prediction that Chinese market will go at least another 3-5 years with this situation. the shape is like U shape..long recovery.....
Unlike in US, We experienced a V shaped/ W shaped recovery. Normally Kaboom will happen only if almost everyone didn't expecting crash will be coming, instead now a lot of Big Boys firm like goldman sachs etc short heavily in Chinese stocks / Asian Stocks, the chinese market is already close to 5 years lowest. Maybe I am too optimistic here

This post has been edited by foofoosasa: Jun 12 2013, 06:26 PM

Thanks for your advice man. But I insist my decision. Very stubborn .

,

The underwriters sure knew something is wrong. But maybe they want to goreng by shorting all these stocks when the timing is right .

Actually I think this time not bad to enter la.

Still long way to go, the foundation of financial market is still very weak. probably lag behind US for almost 30-40 years in terms of overall such as protecting retail investor etc..

Is the spread between Brent Oil and WTI oil do indicates something? hope you can shed some light to amateur like me.

This post has been edited by foofoosasa: Jun 15 2013, 02:49 PM

In contrary, I expect not much drama will be happen though I hope so


This post has been edited by foofoosasa: Jun 18 2013, 06:04 PM

No drama , still close eye and hold blindly work the best.

Seems like you didn't holding much stock currently? 70% ++ in cash position?
I am sure correction will be coming soon, Even bull need to take some rests for weeks.

Revalue 50% within few days of time?
What stock is that? mind to share?

Ok la, not really in US market. Only drop 1.5% . Not really panic enough.

Bolehland is an isolated market according to many of our forumer

Bought anything today? Or just look around only

100 units per batch ?

Feng Shui chart correction may coming soon according to feng shui master

so fast revise TP? 800 to 400 ?