What is said in May 2009.
Li Ka Shing said lately that be cautious about the share markets, i.e. it may be too high to invest.
Jim Rogers said lately, a correction is due.
Tim Woods said this is a "false rally," refering it as a sucker rally.
Well good luck to those who think that we are out of the woods. Or is it the same crowd that misses out on the last one?
Just ask ourselves these few questions:
- Are US, UK or Europe out of the web of debt yet?
- Are they any new major policy implemented to deter derivatives?
- Did US stopped printing money?
- Is China recovery sustainable and able to replace US and Europe GDPs?
Well, for equity players, be extraordinarily careful. It is like tsunami, when everyone thought it was over when the first wave recides, it is actually the second one is the most deadly one.
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