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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (37983)	5/22/2010 8:09:25 AM
From: Madharry	Respond to of 78464

I wish i had your discipline, on the other hand i would never have come back from the previous crash as well without going on margin. I would agree that re prices are extended in china however, that situation is vastly different from what happened in the usa. people over there dont use their abode like atms. the ceo of gfre had an interesting interview the other day in new york.you can access it via yahoo gfre thread there. He seemed very thoughtful about his business. When asked about credit availability contracting in china he said that that the credit is pretty much available only to state run enterprises which is why he had to raise money in new york, and that he was still looking to expand through acquistions but whether he would expand by purchasing extractors or more downstream acquisitions would depend upon pricing.