A50 China Tracker 2823
Posted: Thu Sep 03, 2009 11:15 am
Initiated some position yesterday.
I think the 20%+ correction is adequate for the time being. If the US collapse then all bets are off.
They are continuing to approve new mutual funds and those money will temporary support the market.
A month more to Oct 1 so they are trying their best to ensure that everything is stable. No need for a huge rise. Just no steep corrections of 10% a day for a few days
Wonder what else do they have up their sleeves ?
As always, follow me at your own risk. This is not a Buy / Sell Recommendation.
I think the 20%+ correction is adequate for the time being. If the US collapse then all bets are off.
They are continuing to approve new mutual funds and those money will temporary support the market.
A month more to Oct 1 so they are trying their best to ensure that everything is stable. No need for a huge rise. Just no steep corrections of 10% a day for a few days
Wonder what else do they have up their sleeves ?
As always, follow me at your own risk. This is not a Buy / Sell Recommendation.