Choosing a well established index like the S&P 500 Index and comparing it to the Shangai index is the equivalent of comparing an industrial company from circa 1999 to an internet startup in Feb. 2000.
The FAS 157 Accounting Standard and Marking to Market [View article]
I am sure there are a number of homeowners that agree with your way of thinking Jeff. "I bought my house for $700,000 two years ago but no one is willing to buy my house now except for the guy that offered me $250,000. I am going to ignore that bid and continue to believe my house is worth $700,000. I am really looking forward to receiving approval on my 5th home equity loan!!!!"
ProShares UltraShort China ETF: Caveat Emptor! [View article]
I found the article very helpful. Does anyone know what happened the price change last Friday. FXP lost more than 8% of its value on day when the market was down slightly and the Chinese market was down approximately 1.5% earlier in the day?
This Market's Underlying Bid From Stock Buybacks [View article]
On Real Money.com earlier today Bob Faulkner wrote that IBM announced they have completed their previousely announced $12 billion stock buy back. Who is left to buy? Perhaps the investors in China will start buying the shares???
On a serious note, Does anyone have information about the status of other previousely announced stock buy backs by large company's and how much has been completed?
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Latest | Highest ratedChina Now Down Over 40% from Highs [View article]
The FAS 157 Accounting Standard and Marking to Market [View article]
ProShares UltraShort China ETF: Caveat Emptor! [View article]
The Myth of End of Quarter Window Dressing Market Gains [View article]
This Market's Underlying Bid From Stock Buybacks [View article]
On a serious note, Does anyone have information about the status of other previousely announced stock buy backs by large company's and how much has been completed?