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stock_peeker

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stock_peeker

Re: designer post# 16791

Thursday, 07/21/2005 8:09:50 AM

Thursday, July 21, 2005 8:09:50 AM

Post# of 173972
So a more valuable Yuan makes items purchased from China more expensive. Small change for now, but the trend will be for a stronger Yuan over time.

What about stocks to buy today based on stronger Yuan? Should we buy Indian/Mexican stocks and short the Chinese exporters? Hmmm... will be interesting to see how stocks like DAAT and CYD and XING and SINA adjust to this news today.

Paul Litman: "Avoid panic selling & avoid overconfident buying."

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