View Full Version : China internet, Lfc biggest life insurance co. in china
clavocat
01-17-2007, 01:49 PM
anyone like these china companies, LFC-biggest life insurance co. in china, China is an internet site. both goin up big
InvestingMoron
01-17-2007, 01:50 PM
I shorted LFC last week and did ok in the weekly challenge.
clavocat
01-17-2007, 03:16 PM
yea u shorted a pullback, from now on i see it goin up, im sure china will keep its strong rally going, at least for this year, i dont like how the talking heads talk about how international is up so much and HAS to come down...that will help bring it down by instilling fear into people. im holdin everything china, even through minor pullbacks.
optimus25
01-17-2007, 06:29 PM
I just found two from IBD's list. They've shown up a couple of times and look very interesting. HMIN and MR. I didn't even know that HMIN was a chinese company.
I'm not too comfortable buying anything in china unless we have a decent pullback. Otherwise, its too risky for me from a trading standpoint.
optimus25
01-17-2007, 06:31 PM
If you're a long term investor though, I am very bullish in China and India. I'm surprised Cramer did a show this week on Indian IT companies. I'd been in India since last year when Cramer didn't like the country too much.
Jordan
01-17-2007, 10:04 PM
HMIN looks to be a great company and there stock shows no sign of stopping
englishman26
01-17-2007, 10:06 PM
I like MR - looking for an entry point to hold for a few months, probably. Around $24 looks good. Maybe later this week.
optimus25
01-18-2007, 03:06 PM
MR trading lower today < $24. Might be a nice buying opportunity. I'm not done with my homework yet so I won't take a nibble until I'm through.
Jack24
01-18-2007, 03:14 PM
Get out of Chinese stocks. You can thank me later.
Cash is king until we see a true correction of around 10% to 20%, which may revolve around a bull trap (double or triple bottom that lulls buyers in between bottoms).
It could take 5 to 9 months to unwind.
Emerging markets will decline 25%+.
This is all based on money flow. It's the one metric that doesn't lie.
Watch fixed income managers like Legg Mason bulge at the seams with money that comes from stocks being sold off in the coming months.
englishman26
01-18-2007, 03:34 PM
How are you watchinig this money flow??
Jack24
01-18-2007, 03:39 PM
How are you watchinig this money flow??
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