Comments on: CHINESE STOCKS SOAR ON PMI REPORT

By: prescient11

prescient11 — Mon, 01 Jun 2009 10:27:33 +0000

Number one – I am not blindly bearish. Just bearish.

Number two – of course this train has been heading our way for three frigging months. I've simply got a feeling it's gonna arrive at the station and reverse course very, very soon. And I mean months.

By: HankB

HankB — Mon, 01 Jun 2009 05:00:22 +0000

blindly bearish i meant. how do i edit?

By: HankB

HankB — Mon, 01 Jun 2009 04:59:40 +0000

you cant be so blindly bullish in the short term. you might be right in the long term , but for now youre stepping in front of a train.

By: prescient11

prescient11 — Mon, 01 Jun 2009 04:48:14 +0000

I have yet to hear exactly why inflation would be a good thing. Does anyone really think these companies have pricing power to the consumer. Apart from necessities, what else is going to be passed through to the consumer. I find it laughable that as UE hits 10% this summer and 11% by the end of the year, that even if it happened, inflation is going to be a good thing.

TPC, I would close out that Yen trade and head the other way if it hits 92-93. I know I will.