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  • mestqalander mestqalander Jun 5, 2007 6:34 AM Flag

    Crashes always occur for ONE reason.

    Interesting post.

    Why China's stock market suddenly has become so important. Never in history has any one ever worried about Shanghai's fall as much as we are doing now. Last three days of fall has not done any thing to any market in the world, so why now.

    Secondly how did you come up with numbers like 40% and 20%. Do you have a crystal ball.

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    • so true . . . . Shanghai stocks never was important to us in the past.

      This bubble, is being manipulated by Chinese government. It can not be predicted. If they want it up, it will go up tomorrow. If they want it down, it can go down 40% tomorrow as well.

      I still think the wall street crooks who are manipulating AMZN should go to jail . . . . . this stock doesn't even worth half of its value . . . . . . even at half of its value, PE would still be above 75. It's currently over 155. I don't understand why wouldn't Yahoo correct that number to show the REAL PE ratio.

    • Who care about the casino market in China. It has become entertainment for the Chinese that got nothing else to do.
      I am long EWJ the Japan index and will only add to my position.

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