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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (39728)	9/9/2008 9:16:57 PM
From: bull_dozer	2 Recommendations Read Replies (3) \| Respond to of 220065

> Bank of China, the Chinese lender with the greatest exposure to debt from U.S. finance firms Fannie Mae and Freddie Mac, has said it will cut holdings further if necessary, Shanghai Securities News reported Sept. 9, citing a Bank of China spokesman. Bank of China will closely monitor market reaction to the U.S. government takeover of the two firms and take appropriate measures, the spokesman said, without giving details. Why can't they diversify a little and buy some physical gold / silver since both are on sale? <G>

To: TobagoJack who wrote (39728)	9/9/2008 11:03:08 PM
From: Rolla Coasta	Read Replies (2) \| Respond to of 220065

... i am also bullish, in that what goes down will eventually turn up, and as more allocation needs to be done, down is good, and good is bullish, i guess. no, you can't find a bottom in capitulation just yet. The crystal ball is still in the US side. China can be as vulnerable as the US. Watch the real estate market in HK, gonna be utter destruction in price.