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michael t

01/28/11 2:29 PM

#131032 RE: stock_peeker #131031

stock peeker re: Faber

He doesn't mince words regarding his opinions of politicians and the people meeting in Davos.
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wadegarret

01/28/11 7:05 PM

#131042 RE: stock_peeker #131031

Marc Faber- only an opinion

Peeker, Marc Faber is suggesting that the bearishness over the last year of the Chinese markets is saying something is wrong over there. I say, who knows. The bearishness of the Shanghai over the last year could mean anything from worries about a slowdown in growth from all the increases in interest rates by the government, to well organized short selling attacks involving hedge funds and media both. All I know for sure is that the Chinese companies I own are growing strongly, have great balance sheets, and have tiny PEs of 2-5 fully taxed going forward. Wade