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Re: docfager post# 361

Thursday, 12/13/2001 6:24:39 PM

Thursday, December 13, 2001 6:24:39 PM

Post# of 2856
There are some good articles on Chinaonline.com as is usually the case. WTO transition went smoothly and money is pouring into China.

The overall stock market appears very weak and I would not be invested in any company right now. The exception being GCC. There is a ton of debt out there and eventually the bill comes due.

I noticed that the Chinese stocks, traded here in the US, are headed south. Investors still looking at the bottom line. PE ratios are still too high and fed seems very nervous. It seem strange how good times/ bad times in actuallity seem the same. I have never really been effected one way or the other. One thing is for sure, gas prices are down, and I like that situation.



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