imo, China is taking all the proper pre-cautions. China is slowing down their growth engine and adding oil so it doesn’t overheat and break.
Nouriel Roubini, forecasted a housing bust and an oil shock in 2006. Well, I’m under the belief that we haven’t seen the oil shock. Sure, we had high prices, but they went away. I’m advocating preparation for something like oil supply being 10 million barrels a day less than what we have today in the next 5 years. I guess the price of oil could more than double from here, easy.
That's why I think China is two-steps ahead of the rest of the World and is in complete control for the next 10-20 years as the rest of the Western world continues to reel in pain from their mistakes.
The market dip we’ve seen is likely to rebound. Crashes happen when things are getting worse. As far as I can tell, the European bailout is going to be contained and deleveraged without much more panic.
As for the Bears ... !<<) ... i can hear the music starting already.
On the next big push towards 1250 on the S&P and as the VIX gets taken back towards the low teens or even single digits, I will load up on VIX Calls several months out and hold my China Gems with a tight-gripped fist as China will come back into favor.
Nouriel Roubini, forecasted a housing bust and an oil shock in 2006. Well, I’m under the belief that we haven’t seen the oil shock. Sure, we had high prices, but they went away. I’m advocating preparation for something like oil supply being 10 million barrels a day less than what we have today in the next 5 years. I guess the price of oil could more than double from here, easy.
That's why I think China is two-steps ahead of the rest of the World and is in complete control for the next 10-20 years as the rest of the Western world continues to reel in pain from their mistakes.
The market dip we’ve seen is likely to rebound. Crashes happen when things are getting worse. As far as I can tell, the European bailout is going to be contained and deleveraged without much more panic.
As for the Bears ... !<<) ... i can hear the music starting already.
On the next big push towards 1250 on the S&P and as the VIX gets taken back towards the low teens or even single digits, I will load up on VIX Calls several months out and hold my China Gems with a tight-gripped fist as China will come back into favor.