Replies to post #39851 on China Growth Stocks

[Andrew26]

I wouldnt be so sure that this is another buy-the-dips opportunity. Look at forex, euro is totally destroyed, if dollar keeps going, no way stock market will recover.
Pretty interesting time coming - USD/EUR just fighting the very important TL since the 2005, at +/- 1,2820.

Probably some shorts will take the opportunity to cover but... I dont think its wise to step in now and buy. A bit of Russian roulette. This has a hell lot of space to continue downwards.

[white_tiger]

I agree… Not sure how long it will last and I don’t care.. lol CNBC showing the end of world pictures in GREECE.. Portugal just placed debt and Spain will too.. These are the times I dream about.

I see value everywhere, even in U.S. stocks where I have placed major emphasis over the last several months. ISSI looks compelling down here. Will let U.S. carry my portfolio as I wait for China stocks in my portfolio to work through a phase of dilution as they gear up for growth. I don’t care about timing or what is going to happen 10 years from now. Find value, trust your self and build wealth. As long as you build wealth (not just make money) you will be ready to pounce like a vicious tiger, even when doomsday arrives.

I have been through the Gulph war , early 90 recession, the currency crisis, the internet bubble and now 2008 crisis. This is nothing.

Peter Lynch is smiling and so am I. I hope we go down further.

Maj