The market plunge today resulted from trader panic over more bad news about credit (surprise!), the Fed’s reservations about further cuts (surprise!), and Exxon’s missed numbers (surprise!)....
Article | Updated Nov 1, 2007 | Views: 454 | Comments: 0 Tags: exxon, xom, ptr, petro china
October 19, 1987 was the real thing. Today, 20 years to the second, the markets' extreme declines are just the reaction of the children pushing buttons and the superstition of not very intelligent...
Last week, I wrote of China's bubble and the looming crisis when it bursts. An article in the WSJ underscores still more dramatically how imminent China's crash may be and, even more importantly,...
Series | Updated Oct 16, 2007 | Views: 548 | Comments: 0 Tags: china, fxi, ptr
It is very hard to separate yourself from most Chinese Stocks these days. It is so easy to double your money fast. The etf, FXI, and PetroChina (PTR) just keep going up and up. Most investors...
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