I doubt if previous low could hold.
I tend to believe there will be another deep diving before the market gradually walking out of this credit trouble. Most bank will turn to profitable in 2009, this may imply the first quarter of 2009 will be still gloomy while we will have better second half of 2009. The stock market may show signs of recovery around beginning next year.
The commodity price may rebound a bit and dive again to empty the space for next slow bull market.
Gradually accumulating Asian ETFs is a good strategy - I am doing this now and will continue to buy Hong Kong and China funds until mid-2009.
As I mentioned months ago, the clean energy fund looks really nice. I hope people can hold it.
I tend to believe there will be another deep diving before the market gradually walking out of this credit trouble. Most bank will turn to profitable in 2009, this may imply the first quarter of 2009 will be still gloomy while we will have better second half of 2009. The stock market may show signs of recovery around beginning next year.
The commodity price may rebound a bit and dive again to empty the space for next slow bull market.
Gradually accumulating Asian ETFs is a good strategy - I am doing this now and will continue to buy Hong Kong and China funds until mid-2009.
As I mentioned months ago, the clean energy fund looks really nice. I hope people can hold it.
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