Looking at the FXI chart, I would not buy at this time.
China will be a player in the world economy for the next century but so was the US in 1929.
There are times to invest and times to wait. Now is the time to wait.
The US and the UK will drag down the world economies and with it will come China. Afterwards, China will lead the way out and that's when I will move in.
Welcome to Wall Street, Barack Obama [View article]
Remember how we reached 14,000...the world bought stocks with imaginary money.
The imaginary money still exits, but the bankrupt publics' access to it is shrinking by the day.
I've said for years that the final blow will be the direction of cash flow for the average investor and his/her 401K plan.
A mountain of money poured into stocks through 401k's. As the inflow reverts to an outflow, the market will have no where to go but down...
The Case for Buying China Now [View article]
Never try to buy at the bottom and sell at the top.
Buy on the uptrend and sell when the price starts to go vertical.
You will miss the bottom and the top, but will make money with far less risk.
The Case for Buying China Now [View article]
China will be a player in the world economy for the next century but so was the US in 1929.
There are times to invest and times to wait. Now is the time to wait.
The US and the UK will drag down the world economies and with it will come China. Afterwards, China will lead the way out and that's when I will move in.