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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: Chad Krogh who wrote (13215)	11/14/2007 6:09:24 PM
From: chowder	Read Replies (2) \| Respond to of 13449

Still holding OBCHX, adding to it as a matter of fact. I just read an article by Jim Rogers who says that China will be the country of the century as England was in the 19th century and the US in the 20th century. He said investing in China now is the equivalent of investing in the US in 1907. China has a long way to go. Where else is the economy growing as fast, even with the government trying to slow things down? I read an article in the Wall Street Journal last week where Chinese traders couldn't even get close to the trading desks to place orders due to the demand for China stocks. Banks are looking for ways to limit the time it takes standing in line in China to open accounts for trading purposes. They want to get line time down to 30 minutes. People want to trade and can't get access yet due to demand. This China market can't go anywhere but up if one is looking long term, based on what I am reading. Rogers is so impressed with the opportunity in China that he has his daughter learning Mandarin and is thinking of selling his home in NY and moving to China. Rogers also suggested investing in Australia, Malaysia, New Zealand and Brazil. With the Asia and Emerging Markets doing as well as they are, I have invested in EEM an EPP to take advantage of the strong world economies. I have very little US stock exposure at this time. My focus is China, Asia/Pacific and Emerging Markets.