Zachary Scheidt

I'm Slowly Rebuilding My Chinese Position

I hear they've got some great research reports for slow market days :-)

Oh well, good thing i'm not sensitive


On Sep 01 01:25 PM TraderMark wrote:

> p.s. not sure why you got 2 negative thumbs up. You didnt pump iamned.com
> did you?? ;)

I'm Slowly Rebuilding My Chinese Position

Excellent timing on the sell Mark,

I do think you'll get that chance to buy China significantly cheaper but like your strategy of legging into it slowly. Up to this point in 2009, we have seen buying of every dip and while I stay awake at night wondering what will happen when no one is left to buy the dip, the larger trend is still higher.

This morning we're seeing some news about commodity buying again from China - Do you see a split Chinese market where hard assets are driven higher as the China reserve banks continue to build positions - while at the same time many equities associated with China business come under more pressure?

The Yuan peg will also be a huge factor as foreign exchange balances appear tedious. Many question marks surrounding China investments.

zachstocks.com