January 2011
January 27, 2011 –
Added some short ETFs to Caps portfolio. I have not added shorts in real life however as the trend hasn't turned that way quite yet. We could be setting up for a last gasp bull run, however, and if that happens the subsequent drop will be more severe. Any run up here is short term imho. We will see a 20-40% correction this year in my opinion as it appears that the gov'ment is running out of powder- unless of course it decides to explicitely back high inflation as a "rememdy." Dear Gov'ment, I (we?) prefer deflation even if that means lower asset prices for a few years. [more]
January 13, 2011 –
I have a conflict here because I just bought a little bit of it. However, you might want to du some du diligence. Start here: http://www.chaoda.com.hk/n4/index.asp?yjbh=27
January 05, 2011 –
Conventional wisdom in the financial industry seems to be that we are in a bull market, induced by government, and that the rally will sustain for another quarter or two or three then we will get a run of the mill correction. So, what will really happen? That's a big question, loaded like an elephant gun heading out on safari (yeah I know not PC, but a great analogy). [more]
January 03, 2011 –
(To see charts and better formatting click here.) [more]