Post Reply
1-7 of 7
World Bank raises China growth forecast.....Strong domestic economy, global competitiveness cited for 9.8% outlook...source from Starits Times date; Fri, June 20, 2008.
will the china market dive after it announces an end to fuel subsidies?
Just to add STI breaking below 3000 as well......
I warned many times ppl to stay out since I have opportunity to meet and talk to some fund manager. I saw them rest and relax and not even bother my the market conditions.
More bruising coming. Below 3000 is almost certain today
Siao liao....not a good sign...
In fact, Europe is in the RED and so is Dow....
BEAR trap today as saw STI chart is in the morning and afternoon but closed up merely 13 points...
It indeed dip below 3000 and climb back. My opinion is to sell into strength and stop adding to position. June is the month for holiday. go for one....
If you are out of market stay out. That is what I heard from fund managers. If Shanghai index going to break 3000 then things become more ugly. Fed chief already said economy is sluggish. It is going to be long downtrend.