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Posts from ‘August, 2009’

Some Market Comments From Jason Zweig

On WSJ. Why Investors Need to See the Light and Slow Down

Don’t be happy; worry.
The Dow Jones Industrial Average is up 46% since March 9, when the world itself seemed to be coming to an end. In the entire 113-year history of the Dow, only six rebounds have been bigger and faster. But the [...]

Andy Xie: Is The Market Right That We Will See A V-Shaped Bounce For Global Economy?

On the English Caijing, Andy Xie talks about the possibility of a W-shaped recovery, New Bubble Threatens a V-Shaped Rebound

A growing liquidity bubble that ignores structural facts is the basis for today’s happy talk about a comeback for the global economy.
By Andy Xie, guest economist to Caijing and a board member of Rosetta Stone Advisors [...]

Monday Mandarin Market Meltdown

The Shanghai Composite fell 6.7% this morning!

I mentioned our love of FXP (ultra-short China) in our August Market Review and the short sale of FXP puts (a bullish play) was our primary cover in the last $100KP since early August for exactly the reason we are seeing play out today. Of course China’s problems [...]

Monday Mandarin Market Meltdown

The Shanghai Composite fell 6.7% this morning!

I mentioned our love of FXP (ultra-short China) in our August Market Review and the short sale of FXP puts (a bullish play) was our primary cover in the last $100KP since early August for exactly the reason we are seeing play out today. Of course China’s problems [...]

Andy Xie: SSE Should Be 2000 Or Less!

Worried about the current correction in the Chinese Stock Markets? Chinese Stocks Plunge 6.7%; Japan Ends Down

On Bloomberg News: China Stocks ‘In Deep Bubble,’ May Drop 25%, Xie Says

China Stocks ‘In Deep Bubble,’ May Drop 25%, Xie SaysBy Erik Schatzker and Allen Wan
Aug. 31 (Bloomberg) — China’s economy isn’t “sustainable” and the benchmark Shanghai [...]

Monday Mandarin Market Meltdown

The Shanghai Composite fell 6.7% this morning!

I mentioned our love of FXP (ultra-short China) in our August Market Review and the short sale of FXP puts (a bullish play) was our primary cover in the last $100KP since early August for exactly the reason we are seeing play out today. Of course China’s problems [...]

Monday Mandarin Market Meltdown

The Shanghai Composite fell 6.7% this morning!

I mentioned our love of FXP (ultra-short China) in our August Market Review and the short sale of FXP puts (a bullish play) was our primary cover in the last $100KP since early August for exactly the reason we are seeing play out today. Of course China’s problems [...]

Swing in Trading

The last week of August was flat. The indexes already were in the side-way trend during the first two weeks of August - see the S&P 500 chart in the "S&P 500 Analysis" post on August 16, 2009. Then we had some up-move and again a week of side-way trading.
The indexes did not run far [...]

PCP, Best stock pick, Z’s weekly

PCP has diminished to flat sales–very dependent on BA for income. BA is sort of having product release problems. Analysts are keeping PCP eps on the low end for right now!
I also have an INTU,MCD,INTC**CHART posted at this link

State of the Market Review - August

It has been a crazy few weeks!

I went back over our Long Shots list from August 9th, thinking all our picks must be doing great but really only C, with a 67% gain, is really outperforming. Long spreads on UYG and BHI are on target for nice gains but haven’t moved much. Looking [...]