News Focus
News Focus
icon url

Myth

12/30/08 9:53 AM

#18338 RE: snow #18336

Hi Snow, those co's with a p/e between 1 and 3, without giving the symbol can you tell us what they do and do they rely on
exporting ?

Everything I have read for months now leads me to believe the near term future for Chinese stocks favor domestic co's by a long shot.. thats why ENHD, ( look at the move HOGS, a competitor has made in the last 60 days ) is positioned perfectly for a nice move upward.

http://www.marketwatch.com/news/story/china-looks-domestic-consumers-2009/story.aspx?guid={E3588E8E-7F50-4496-BEA2-73C922F1CC49}&dist=msr_1

Another thing coming into play now is the stimulus package China passed, it certainly will help domestic co's imo.
I am hoping S3 has been working that theory and bring us another (or two ) co's like Chumings.
Whatever you do, GL, that's something we all can use more of.