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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off
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To: Tony van Werkhooven who wrote (85)1/2/1998 6:25:00 PM
From: Jim Lou  Read Replies (1) of 257
 
Jimmy Rogers has repeated said in cnbc that he is waiting for a turmoil in China, so that he could buy China stocks cheap. The guy does not understand China at all. He does not understand that China is not a full fledged market economy, that whatever happened in Korea wouldn't likely to happen in China, due to the strong Chinese government. However, stock market relies on speculations -- I am not surprised that many people think the Rogers' way. If that's so, then he wins. But, time will tell.
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