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China is doing ok....... only a 70% drop !!

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    #11
    Originally posted by ace00 View Post
    China has had a massive bull-run leading to over-valuation in 2007 (forward p/e). It has now "corrected" to 2004/5 trend levels. I found this out after taking a 40% hit on my China fund.
    If it's any consolation I sold all my China funds 5% below the peak. Damn it!

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      #12
      One of the very few things I did correctly last year was dive in and out of Melchior Asian Opps last year for ~20% in two/three months. I was miffed because I missed the last 10% of profit, but ho hum.......

      I have been buying into Bill Mott at Psigma Income for a few months now. What a mistake .............
      Public Service Posting by the BBC - Bloggs Bulls**t Corp.
      Officially CUK certified - Thick as f**k.

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        #13
        Yeah I'm doing well, sold my house 18 months ago, and virtually all my stocks at the beginning of the year. I bought some stocks just after Lehman went bankrupt and made a lot of money, and I'm selectively entering the market now.

        I must say I'm really enjoying this credit crunch, never thought that becoming a millionaire would be this easy.

        I'm alright Jack

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          #14
          Originally posted by BlasterBates View Post
          Yeah I'm doing well, sold my house 18 months ago, and virtually all my stocks at the beginning of the year. I bought some stocks just after Lehman went bankrupt and made a lot of money, and I'm selectively entering the market now.

          I must say I'm really enjoying this credit crunch, never thought that becoming a millionaire would be this easy.

          WHS

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