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

To: Mr.Gogo who wrote (40480)	12/8/2010 7:55:49 PM
From: JHalperin	Respond to of 78732

The reason for the expected 1/4 point rate hike in China is inflation that is being caused by robust growth. Along with growth continuing in China as a whole, GFRE just confirmed their "momentum is continuing." Economists are also increasing next year's US growth rate per expected tax bill passage. I just don't see a crash in the near term and therefore continue to hold GFRE and HRBN for reasonably higher target prices... especially HRBN which I think is grossly undervalued. I hope my target prices hit before the "debt hangover" does or I can read the tea leaves and get out beforehand. I have little doubt another big US and probably world economic crisis is coming, but not in the next 1/2 year at least. I will never ever continue buying into a downturn like I did in 2008-2009... portfolio down 5 or so percent and it's asta la vista to everything except cash and short-term investment grade bonds. Good luck, Joel

To: Mr.Gogo who wrote (40480)	12/9/2010 1:39:56 AM
From: Madharry	Read Replies (1) \| Respond to of 78732

I really dont understand why you would think gfre would have anything at all to do with the chinese housing market. bromine's main use is as a fire retardent in clothing. secondary uses are in oil equipment and pesticides. Nor do gold, silver, platinum, or palladium have anything to do with chinese housing. perhaps the tile manufacturer will be affected, but it's so cheap that I will live with the cyclicality. I may buy more cccl after i see next quarters results.