MOSTLY CHINA

[mikeanthony]

**China Mobile**

Gonna break out like a mofo.lol

Nice board

[EquityTrader]

FXP has had a nice day today... Should be good through Monday with where the market is going today. Back up to $90.

[EquityTrader]

Wait to pull the trigger on FXP...will go under 80. Then a buy stop on the way back up. Not sure of a price target to do so, ...yet. WNRC is picking up steam the last two days too! :)

[EquityTrader]

FXP going back down to 80! :) Ready to load up (again).

[Pennyland]

u need a sub. for that...

check out my new board that i'm working on this weekend, is link is in my siggy ty!

[Jang-A-Lang]

The VMC (value microcrap) Board has been talking about that one, but I haven't dug in yet.... Thanks.

I don't have a subscription to stockcharts, but I can still annotate. How do you post the chart with the annotation? Or can I not do that unless I have the subscription? Tia.

[Pennyland]

one for the watch list...
http://investorshub.advfn.com/boards/board.asp?board_id=11990

[frenchee]

A Rare Chinese Bargain: Property Shares
Emerging Markets

http://online.barrons.com/article_print/SB120372679749987135.html

INFLATION IS RAGING ALL over china, except, it seems, in the property sector. Even as China posted its worst inflation figures in 11 years last week, real-estate shares continued to fall: Property stocks on the Mainland are now nearly 50% off their highs, far more than Chinese shares on the whole. Any official or investor interested in China will be watching closely.

The real-estate sector accounts for just 1.6% of the Shanghai Bourse and just under 7% of the Shenzhen exchange, but makes up nearly 11% of the Mainland's economy. The Chinese are devoted real-estate investors, and recent returns on the Mainland were generally good -- home prices rose by 30% to 60% in 2007, according to the magazine Finance Asia.

Then the government, fearful of inflation, raised borrowing costs and restricted lending, making it tough for developers to buy land and finance new construction.

"Until October, many [property] stocks were seen not as asset plays, but as continuous machines of recurring income," says Shu Yin Lee, director of Grand River Properties in Shanghai, and an adviser to Dalton Greater China Fund. "Take away the gains in property and stocks, and that affects consumption and the wealth effect. It's a big deal for stability. That gets in the way of the 'Great Harmony' that [President] Hu Jintao is trying to promote."

Hong Kong-focused developers generally have fared better than those on the Mainland, because the special administrative region, whose currency is pegged to the U.S. dollar, was forced to ease credit in tandem with the Federal Reserve. That may now reverse: Late last week, an HSBC Holdings official suggested that local banks may cease following the U.S. central bank in cutting rates, owing to Hong Kong's own inflationary pressures.


Mixed Showing: Asian markets didn't move in lockstep last week. India fell, Taiwan rose.
Meanwhile, Mainland developers are posting mixed sales results, but they're looking cheap. Guangzhou R&F Properties (ticker: 2777.HK) reported last month that contract sales were up 23% from the level a year earlier, although 5% below December's total. Sales for China Vanke (0000002.CH) in January were down 70% from December; Vanke has already cut prices in major cities to move inventory. Worst hit is the south, target of much speculation, thanks to its proximity to Hong Kong.

The fundamentals still look strong for developers, given robust economic growth, currency appreciation and, not least, the huge demographic shifts caused by urbanization. "This is the largest economic movement the planet has seen in such a short period of time," says Charles Aster, who heads the China and real estate practices at law firm Kane, Russell, Coleman & Logan.

And the government is easing access to other forms of capital raising. Shut out from banks, developers are gradually being allowed to raise money on the stock market. The government, for example, will allow property companies to resume the sale of A shares. One big beneficiary, according to Citibank, is Guangzhou R&F, as a stock sale will bolster its finances. Citi thinks the shares are worth HK$36.28, versus last week's price of HK$22.95. Meanwhile, Beijing is also permitting new domestic stock fund launches for the first time in six months -- a new source of demand for real-estate shares.

"This all creates opportunity," says Lee of Grand River, who likes stocks trading at big discounts to their net asset value. Tian An China Investments (28.HK), for instance, now trades at HK$7, compared to its NAV of HK$15 and the HK$9 a share price Goldman Sachs paid to invest in it last November. Lee also likes Tomson Group (258.HK), whose shares changed hands last week at HK$2.38, versus a NAV of HK$10.

OTHER VALUES HAVE emerged. China Overseas Land (688.HK), according to CLSA Asia-Pacific Markets, trades at 16.5 times expected 2008 earnings and at a 17% discount to its NAV.

Christopher Wood, strategist at CLSA and author of its Greed & Fear newsletter, thinks this year will see "consolidation" in Chinese equities and property shares. But it will "ultimately prove a great buying opportunity. If Greed & Fear is going to pick one area to bottom fish now it would be the national brand-name property developers with strong balance sheets, who have been able to take advantage of the financial squeeze on the smaller developers to increase their landbanks."

Last week, Wood doubled his exposure in his model portfolio to China Overseas Land and removed Hang Lung Properties, "which is more of a play on Hong Kong and China commercial property."

[Pennyland]

oks it's getting ready to make a move this week imo...

we'll have to wait and see which way she breaks...

fwiw i'll hold some long in my IRA ave. 7ish

[Jang-A-Lang]

Thoughts on UVE here?

Looks to me like if it can get some volume and get over 6.50 it is smooth sailing to the 7.30 area.....

[Pennyland]

it's all good! i love this board!

great peeps with good ideas!

[Jang-A-Lang]

I just sent a request to change the board name.... LOL

MOSTLY CHINA.

None of us can keep from doing it....

[Pennyland]

not a china stock, but watch ACTU next week...

[EquityTrader]

LOVE THE FXP! ITS FUN!

[Pennyland]

interesting ty!

[Jang-A-Lang]

NEW YORK, Feb 22 (Reuters) - The Dow and the S&P 500 turned higher, while the Nasdaq cut losses, after CNBC television reported that a bailout for bond insurer Ambac Financial Group Inc (ABK.N: Quote, Profile, Research) was imminent, causing financial shares to reverse losses.

The Dow Jones industrial average .DJI was up 20.27 points, or 0.17 percent, at 12,304.57. The Standard & Poor's 500 Index .SPX was up 2.42 points, or 0.18 percent, at 1,344.95. The Nasdaq Composite Index .IXIC was down 6.91 points, or 0.30 percent, at 2,292.87. (Reporting by Ellis Mnyandu; Editing by Jan

[Pennyland]

OH MY! market went green

[Pennyland]

might see an EOD run here

[Pennyland]

market really suck! imho... lol

[Jang-A-Lang]

got stopped out... really unbelievable. that contract is worth half their market cap........... SHORT anyone???

[Long-vestor]

GTEC, anybody watching GTEC around here? Undervalued china pharma company, that's bringing home the profits! Just sitting around looking for direction. any up-ward motion will move it and At .33 it runs with the bulls..

[Pennyland]

ACTU charts
http://investorshub.advfn.com/boards/read_msg.asp?message_id=27013319

[Pennyland]

sounds like a plan...

i'm all over ACTU there's been huge accumulation going on for two weeks now and when news hits it's going to 6+ imho...

added more today at 4.87

[Jang-A-Lang]

I am about to start shorting. NM, GA, NCTY, and FRPT have all had their runs cut extremely short. IMO.

I mean, NM had one of the more impressive Q's I have seen, and it didn't do squat. What else could you be looking for????

Navios Maritime Holdings Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2007
Thursday February 21, 8:05 am ET
- 239% Increase in Annual EBITDA
- 76% Increase in Adjusted EBITDA
- 1,031% Increase in Quarterly EBITDA - 101% Increase in Adjusted EBITDA
- Announces 35% Dividend Increase to $0.09 per share
- Announces Share Repurchase Program of $50.0 Million
- $167.5 million Gain from the Sale of Vessels


This market is really killing the runs. People are taking their profits very early. So, why not short?

[Pennyland]

no... nice news and pop! today... gl

[Jang-A-Lang]

General Steel Holdings, Inc. To Trade under the Ticker GSI on NYSE Arca Effective March 6, 2008
Friday February 22, 10:00 am ET


BEIJING, Feb. 22 /Xinhua-PRNewswire-FirstCall/ -- General Steel Holdings, Inc. ("General Steel"), (the "Company"), (Amex: GSI - News), one of China's leading non-state owned steel products producers; announced today that it has notified the American Stock Exchange (the "AMEX") that it intends to voluntarily delist its common stock from the AMEX and that the Company has received final approval to list its common stock on the NYSE Arca.
General Steel anticipates that shares of its common stock will begin trading on the NYSE Arca on March 6, 2008 and will continue to trade under the ticker "GSI".

"Moving to the NYSE Arca is a timely landmark for our company," said Henry Yu, Chairman and CEO of General Steel. "We expect that trading on the NYSE Arca will elevate our company's standing within the international business community, as well as our visibility among the investment community at large," Yu added.

"We look forward to General Steel joining their growing base of listed companies," said John Chen, CFO of General Steel. "By choosing to list on the NYSE Arca, one of the world's most liquid equities market, General Steel and the company's shareholders will benefit from their global reach and brand leadership," added Chen.

For the first nine months of 2007, General Steel's revenues increased over 420% to $504.2 million. Gross Profit increased 692% to $35.7 million with Gross Margins of 7.1% vs. 4.7% for the year ago period. Net Income was $10.4 million vs. $.52 million with EPS of $.33 vs. $.02. The Company plans to provide fourth quarter and full year 2007 financial results in March 2008, further details will be forthcoming.

About General Steel Holdings, Inc.

General Steel Holdings, Inc., headquartered in Beijing, operates a diverse portfolio of Chinese steel companies. With 3 million tons aggregate production capacity, its companies serve various industries and produce a variety of steel products including reinforced bar (rebar), hot-rolled carbon and silicon sheet and spiral-weld pipe. The Company has steel operations in Shaanxi province (central China), Inner Mongolia autonomous region (northwest China) and Tianjin municipality (northeast China).

Information Regarding Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements which will be made are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. The Company cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. For factors that could cause actual results to vary, perhaps materially, from these forward-looking statements, please refer to the Company's Form 10-K, filed with the Securities and Exchange Commission, and other subsequent filings. Forward-looking statements contained herein speak only as of the date of this release. The Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise.


For more information, please contact:

Ross Warner, General Steel Holdings, Inc.
Tel: [phone] (Beijing)
Email: [e-mail] or
Skype: ross.warner.generalsteel

Investor Relations:
Ted Haberfield, HC International, Inc.
Tel: [phone]
Email: [e-mail]
Web: http://hcinternational.net

[Jang-A-Lang]

Are you in FRPT? Big news last night. I just got in this AM....

WASHINGTON, Feb 21 (Reuters) - Force Protection Industries Inc (FRPT.O: Quote, Profile, Research) is being awarded a U.S. Navy contract modification worth up to $115.2 million for 174 mine-resistant, ambush-protected trucks destined for Britain, the U.S. Defense Department said on Thursday.

Work is expected to be wrapped up in July 2009, the Pentagon said in its daily list of contracts. Britain is buying the vehicles in a government-to-government deal under the U.S. Foreign Military Sales program. (Reporting by Jim Wolf; Editing by Tim Dobbyn)

[Pennyland]

short list...
http://www.shortsqueeze.com/?symbol=ncty&submit=Short+Quote%99

[EquityTrader]

Looks like the chart for Overstock.com - the classic naked short.

[Pennyland]

up to almost 21 bucks now...
http://finance.yahoo.com/q?s=ncty&d=t

[Pennyland]

sweet! congrats to you...

if i were long, i'd take 20 bucks on at least 1/2 of my position and then play the rest out... gl bud...

[Jang-A-Lang]

Yeah. If the AH's #'s hold then the 50ma is history. Could test the gap at 26.60, no?

[langlui]

is that why i have been doing so well with my pennies lately? :)

[EquityTrader]

Compare FXP to QQQQ. :)

We think QQQQ will slowly rise to $45, then head for a big fall...probably under $40. Yes, another 10%+.

Watch the liquidity shift to pennies as people try to recover losses. Pick a few favorite pennies and watch.

[langlui]

this FXP pisses me off, it's just going to go back to $100+ the next thing you know it.

[Pennyland]

are you in!! nice pop!

[Jang-A-Lang]

http://biz.yahoo.com/prnews/080221/cnth022.html?.v=17

[EquityTrader]

FXP has been strong all day. But, we still think it will come down before it goes to 100. And, we think it will blow past 100 when it goes. Looking for oil to come back down 10% or more then whammo! Look for a market smack down.

Pinkies are slow today. :(

[Jang-A-Lang]

Listened to some of the CC:

Sounds like a tech income tax of 7.5% will be added to Chinese Companies in 2008.

Q1 is there seasonally low Q.....

I think that Q2 will present a very nice entry for this stock. That is a ways out, but I think some things will come together and produce a very impressive Q2.

[Jang-A-Lang]

Must have been something in the CC investors didn't take too kindly....

GA 10.73 -0.60

I didn't get a chance to listen in, and no PR's as of yet..

[Pennyland]

good stuff bo... very nice DD on your part... ty!

[Jang-A-Lang]

One other tid bit:

9% of the float is short......

[Jang-A-Lang]

Thanks MT. NTES and NCTY are two more Chinese online gaming stocks. NTES beat by .11

6:03PM Netease.com beats by $0.11, beats on revs (NTES) 18.90 +0.22 : Reports Q4 (Dec) earnings of $0.41 per share, $0.11 better than the First Call consensus of $0.30; revenues rose 15.1% year/year to $85.3 mln vs the $75.9 mln consensus.

NCTY reports tomorrow after the bell. I think they will do well also.

52 week high at 52.44 in July, so the chart is in a nasty downtrend, and I believe the reason to be because their marketing was excessive(lower net income past two Q's...) coupled with some dilution. I don't know whether they have cut back on marketing or not, but they have stopped the dilution since September.... If you look at the chart you can see it firm up a bit towards the end of Sept going into the 3rd Q's earnings. Too bad they missed, and caused yet another downward push. The stock has been increasing revenue the entire time, just spending too much. I think this one might be worth a look... IMO

From the last 10Q:

Revenues

For the third quarter of 2007, The9 reported total gross revenues of RMB333.3 million (US$44.5 million), which increased by 17% compared to RMB284.6 million (US$38.0 million) in the second quarter of 2007 and by 36% compared to RMB245.8 million (US$32.8 million) in the third quarter of 2006. Total net revenues were RMB316.0 million (US$42.2 million), which increased by 17% compared to RMB270.0 million (US$36.0 million) in the second quarter of 2007 and by 35% compared to RMB233.4 million (US$31.1 million) in the third quarter of 2006. The increase in total revenues was a combined result of increased online game services revenues and other revenues, offset slightly by decreased revenues from game operating support, website solutions and advertisement.

Gross Profit

Gross profit for the third quarter of 2007 increased by 15% quarter-over-quarter and 23% year-over-year to RMB132.2 million (US$17.6 million). The sequentially increase of gross profit was in line with the increase in net revenues. Gross profit margin for the third quarter 2007 remained stable at 42% compared to the previous quarter. In the third quarter of 2007, considering the nature of the assets, server specifications of games to be launched, and industry practice, the depreciation lives of servers were changed to a consistent period of four years. This is accounted for as a change in accounting estimate and prospectively from July 1, 2007, quarterly depreciation charge relating to servers is estimated to decrease by approximately RMB12.6 million (US$1.7 million).

Operating Expenses

For the third quarter of 2007, operating expenses were RMB88.5 million (US$11.8 million), representing a 19% increase from RMB74.5 million (US$9.9 million) in the previous quarter and a 99% increase from RMB44.6 million (US$5.9 million) in the same period of last year. The sequential increase in operating expenses was primarily due to increased sales and marketing expenses relating to the launch of Blizzard’s World of Warcraft: The Burning Crusade expansion pack, increased general and administrative expenses mainly due to full-quarter effect of share-based compensation expenses for options granted in May 2007, offset in part by decreased product development expenses relating to SUN post-commercialization whereby direct costs relating to pre-commercialization of a game are classified under product development.

Share based compensation was RMB17.2 million (US$2.3 million) in the third quarter of 2007, compared to RMB9.2 million (US$1.2 million) in the second quarter of 2007 and RMB4.5 million (US$0.6 million) in the third quarter of 2006. The increase of share based compensation from the second quarter of 2007 was mainly due to options granted in May 2007.

If the bold has come and passed, it could get jiggy. IMO

[Pennyland]

nice cal;l bo...

up nice AH
http://www.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mode=&page=afterhours&symbol=GA&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&selected=ga&FormType=&kind=&Leap=&mkttype=after&sel=afterhours&userinput=

[Jang-A-Lang]

GA,

Business Highlights and Outlook

ZT Online. As a testimony to our commitment to constantly enhancing our games in accordance with gamers' changing preferences, we have begun rolling out new expansion packs and features for ZT Online. The Neighboring Friends expansion pack contains a new feature in which a gamer's physical location can now be shown to other players. This encourages users to form location-based bonds, both in the game and in real-life, taking ZT Online to a new level of interactivity. This expansion pack is being rolled out on a regional basis, with nationwide deployment to be completed in 2008. ZT Online PTP, a pay-to- play version of the original ZT Online, allows gamers to explore the award- winning ZT Online universe using a time or subscription based model. We believe the simultaneous operation of both pay-to-play and free-to-play versions will allow the game to appeal to a broader audience and expand our customer base. We began open beta testing of ZT Online PTP on January 29, 2008.

Giant Online. We officially commenced closed beta testing of Giant Online, our company's second internally developed game. Giant Online's most distinctive characteristic is its modern military theme, blended with many casual game components. In addition, we developed the game's direction towards more community-based features. These features promote stable community bonds and raise the stickiness of the game, helping to retain new players. On December 29, 2007, we released the game to a group of players for user testing. Direct feedback from enthusiastic beta testers has been positive and plays an instrumental role in allowing game designers to further refine the game's content and design. At the end of the first quarter of 2008, we will initiate an open beta test.

King of Kings III. King of Kings III, a 3D free-to-play medieval magical MMORPG that we acquired from a Taiwan-based company, has completed its fundamental game design and is currently undergoing engineering testing in Taiwan. The developers plan to begin focus group testing in March of 2008. King of Kings III is on schedule for release in China in 2008.

Empire of Sports. Empire of Sports is a 3D MMORPG featuring multiple sports competitions. We have secured an exclusive license from Switzerland- based Empire of Sports Ltd. to operate Empire of Sports in the Greater China region when the game is completed in 2008.

First Quarter 2008 Guidance. We believe that fewer of our targeted players will have played our games during the first quarter 2008 due to the Chinese New Year holiday. In addition, we believe that the severe winter weather experienced in locations throughout China in first quarter 2008 will have resulted in still fewer players playing our games during the period. In spite of these factors, Giant expects to generate total net revenues for the first quarter 2008 in the range of RMB448 million to RMB456 million.

[Jang-A-Lang]

Giant Interactive Announces Fourth Quarter and Fiscal Year 2007 Results
SHANGHAI, China, Feb. 20 /Xinhua-PRNewswire-FirstCall/ -- Giant Interactive Group Inc. (NYSE: GA) ('Giant' or the 'Company'), one of China's leading online game developers and operators, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2007.

Fourth Quarter 2007 Highlights:

-- Net revenue was RMB434.8 million (US$59.6 million), an increase of
7.3% over the third quarter 2007 and 151.8% over the fourth quarter
2006.
-- Gross profit was RMB372.8 million (US$51.1 million), an increase of
3.6% over the third quarter 2007 and 153.0% over the fourth quarter
2006. Gross profit in the fourth quarter 2007 grew at a slower rate
than revenue primarily due to an increase in business tax, caused by
distributors boosting their prepayments at year end. Please see the
discussion under 'Cost of Services' below for more details. Gross
profit margin for the fourth quarter 2007 was 85.7%.
-- Net income was RMB333.8 million (US$45.8 million), an increase of
15.0% over the third quarter 2007 and 287.2% over the fourth quarter
2006. Net income margin for the fourth quarter 2007 was 76.8%.
-- Non-GAAP net income excluding non-cash share-based compensation for
the fourth quarter 2007 was RMB347.3 million (US$47.6 million), an
increase of 17.9% over the third quarter 2007 and 273.0% over the
fourth quarter 2006. Non-GAAP net income margin excluding non-cash
share-based compensation for the fourth quarter 2007 was 79.9%.
-- Net income per American Depositary Share ('ADS') was RMB1.39
(US$0.19), compared to RMB1.44 for the third quarter 2007 and RMB0.43
for the fourth quarter 2006. Our initial public offering in November
2007 increased the capital basis for EPS calculation.
-- Non-GAAP net income excluding non-cash share-based compensation per
ADS for the fourth quarter 2007 was RMB1.44 (US$0.20), compared to
RMB1.46 for the third quarter 2007 and RMB0.47 for the fourth quarter
2006.
-- Active Paying Accounts ('APA') for online games(1) reached 1,405,000,
an increase of 6.6% from the third quarter 2007 and 78.6% from the
fourth quarter 2006.
-- Average Revenue Per User ('ARPU') for online games(1) reached
RMB308.6, an increase of 1.1% from the third quarter 2007 and an
increase of 40.5% from the fourth quarter 2006.
-- Average Concurrent Users ('ACU') for online games(1) was 512,000, an
increase of 6.4% from the third quarter 2007 and an increase of 29.4%
from the fourth quarter 2006.
-- Peak Concurrent Users ('PCU') for online games(1) was 983,000, an
increase of 10.7% from the third quarter 2007 and an increase of 30.2%
from the fourth quarter 2006.

(1) Online games include ZT Online, ZT Online PTP and Giant Online.

Fiscal Year 2007 Highlights:

Compared to fiscal year 2006 results,
-- Net revenues increased 273.9% to RMB1.5275 billion (US$209.4 million).
-- Gross profit increased 272.5% to RMB1.3535 billion (US$185.5 million).
-- Net income increased 364.5% to RMB1.1363 billion (US$155.8 million).
-- Non-GAAP net income excluding non-cash share-based compensation
increased 361.7% to RMB1.1612 billion (US$159.2 million).
-- Net income per ADS increased 342.6% to RMB5.40 (US$0.74).
-- Non-GAAP net income excluding non-cash share-based compensation per
ADS increased 337.3% to RMB5.51 (US$0.76).

Mr. Yuzhu Shi, Giant Interactive Chairman and CEO commented, '2007 was a successful year for Giant, underscored by our IPO on the NYSE and significant top- and bottom-line growth. Our company maintains industry-leading margins. Our success is derived from our focused strategy and our research and development capability. We focus on the research and development of a limited number of games, continuously making improvements in ZT Online in order to maintain continual revenue growth. Our product development team has the quality engineering talent and the in-depth understanding of Chinese gamers to develop commercially successful games. In addition, we forbid minors to play our games in order to fulfill our company's social responsibility, which at the same time, leads to a high average spending level per user.'

'We look to leverage this positive momentum as we develop our game portfolio in 2008. We believe that Giant Online will be our next hit game, and we will be heavily promoting it. We have received encouraging feedback from our closed beta testers of Giant Online, which will officially enter open beta testing at the end of the first quarter of 2008. In addition, we intend to commercially launch two new games in 2008, among which King of Kings III is a 3D massively multiplayer online role playing game ('MMORPG') set in a European-style magical world that complements our historical Chinese games. Empire of Sports is a role-playing sports game and we anticipate it will be popular during the year of the Olympics in China. The diversification of our game portfolio, while still adhering to our focused strategy, is an integral part of our strategy for growth, and we believe our current portfolio and pipeline position us well to compete in the coming years. Driven by our passion for games, we believe that our strong R&D and technology capabilities, extensive distribution, sales and marketing network and deep understanding of the Chinese mass market will allow us to continue to grow the business and build long-term shareholder value.'

[langlui]

Thanks. FXP is still on my radar

[EquityTrader]

Posted this on Beat the Bear Babes board...JMO. - which, we all know opinions mean nothing.

There is no way we are at the low right now. Banking reps I know, some terminated this last week even - have commented foreclosures from rate adjustments in October-November will be hitting the market Feb-April. Why the government stepped into delay for 30 days payments. Also commented to me was the amount of debt held on credit cards by individuals is almost twice 16 months ago... There will be a massive fall sometime in March-April.

We have received emails from Chinese factories asking for payments in Euros, because the dollar has fallen 30-50% in the last year or so. Wages are rising in China, shortage of workers, falling dollar, more stringent rules on exporting from China. Once major downturn in US happens China will fall under the weight of an over aggressive expansionist policy.

What we will see is the 3 steps forward 2 steps back scenario. The US obliterated the Japanese market in the early 90's and it has only slightly recovered.

Keep in mind who runs this country, its not politicians or any bureaucrats...its a select few. Seek the Council on Foreign Relations. I don't have anything to complain about as I am somewhat dialed in. One thing to realize is the best way to make money is figure out how to adapt to change first. - Thats how evolution works.

As far as Cuba, the money will be made on importing the week after Fidel dies. Acquiring 99 year leases or property would be a very wise idea now.

[EquityTrader]

Look for it to go back under $80, then I think it can go past $100.

[langlui]

OUT FXP AT $91. This market is sick