China has opened down another 1%, following yesterday’s 5%. This is worth noting.
Chinese leadership stocks, like Ctrip.com International, Ltd. (ADR) [[CTRP]] , PetroChina Company Limited (ADR) [[PTR]] and Baidu.com, Inc. (ADR) [[BIDU]] will continue to come under pressure, as long as the the homeland A shares continue to get beaten. I am convinced, through years of experience trading these markets and watching patterns, that the U.S. markets are the most manipulated in all of the world, with Thailand a close second. China was first to bounce off the bottom and they shall be the first to top out.
Needless to say, I expect all of you to stay up through the night, monitoring these events closely for me, while I sit down and sip on a nicely fresh brewed cup of Earl Gray tea.
NOTE: [[FXP]] might be worth a whirl down here.
NOTE II: Be sure to subscribe to iBankCoin’s youtube channel. I will be uploading new cartoons weekly there first.
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Remember to check the dog population when you refer to china. One wong slip an dog soup coming, wif fried lice.
Care for fortune cookie??
One billion chinese, more crazy fools per acre than the rest of the globe. Huh Mao??
I am a Mao-hater. He is the source of all poverty of China.
What are you? Hitler?
Jzz
I am just joshing around. I hate all countries equally.
okay. Love this one. 🙂
But think of the impact of your broadcasting fetus soups and such. especially, in a popular site of yours.
When I lived in China, I witnessed Fetus Soup. It was horrible.
It is very real.
Just foolin, dog is best served in korea. Everyone hates Mao equaly, but probably more here. And no, I am not german, italian, yea, hitler, no.
But there are more fools per acre in china than there are here. Just the numbers dude.
GDP per capita in China is ranked 97 in the world according to the IMF 2009 at $6,546. The US on the other hand is 6th at $46,443.
You know crocodiles have no qualms about eating another croc family’s eggs or youngens? If the US is the gorilla made in the shade doing cool shit like playing catch with opposable thumbs, I bet the Chinaman is the crocodile.
Pardon me, Le Fly, but I intend to sleep on it. When I awake, if I must, I’ll flee to Beta neutral territory.
Enjoy your Earl Grey; the drink of kings.
Let the fetus soup rot.
Fucking China men and their fetus soup are gonna get what’s coming to them.
Fetus soup? How many Chinese people ever seen one? 1 in a billion maybe? As a result, you become a Chinese hater? I grew up there, never heard about it till in recent year from North America.
You are fooled!
No race/country/body is perfect. Why do not we stop looking at people from only the ugly side?
I see China is flat now. You must all keep my apprised, while I go brew some tea.
China forrow.
Simper as dat, Fry.
Go eat samich.
______
manana tengo que tomar un bocadillo
Earl gray is so gay.
No Early Grey is gay, which is why I drink Early Gray exclusively. Note the subtle, yet potent difference?
Fly dude, you should not be drinking that. Drink Green Tea and White Tea. So many benefits. So healthy.
Green tea tastes of lawn clippings.
Ah so
More motivation to nuke them: http://factsanddetails.com/china.php?itemid=113&catid=4&subcatid=19
You are ready to nuke a country and its people for its bad manners (in western eyes) which resulted from long-lasting poverty ? That just says a lot about what kind of person you are.
Go to hell!
Oh, Shall I add? You motherfuckers.
Easy there, turbo. It was said tongue in cheek.
Westerners are incredibly unfair to Chinese people and China as a country with no good reason.
What did they do to deserve that? (The long-lasting poverty and sufferring resulted from the Moron Mao and Communism? )
Westerners hated them because their lives are getting better and their country is getting stronger?
Sad.
That is far from the truth. I lived in Asia for a year. Westerners do not hate them because their lives are getting better. That is far from the truth. Chess is correct.
NO WE WILL NUKE THEM FOR FETUS SOUP!!!
You are a fool! Did you ever see one who got served a fetus soup?
You know, in westerner Canada, there is a guy who killed more than 20 people in his farm, and he bleed them and feed their body parts to his farm animals? Shall we nuke Canada as a result?
No, we should nuke western Canada.
http://www.youchoose.net/campaign/stop_chinas_dog_fur_factories
http://www.sov-advisers.com/National_PR_Campaign_1.pdf
http://www.cnn.com/2010/WORLD/asiapcf/03/09/china.animals/index.html
http://www.weirdasianews.com/2010/03/27/5-lethal-asian-foods-people-eat/
http://www.squidoo.com/catsinchina
I ask, why in the hell would we be jealous of such monstrosities?
Enough with this shit. You are all brainwashed when it comes to China and its people.
I wish all the best for China and its people in many years to come although I am no longer a citizen of China.
Good night. I hope I can do better in my trading. May God help.
Do appreciate your blog. Wish I can be half as good as you people someday… hopefully, my account can survive till then. May God help. again.
Oh yeah? Read this
http://www.doomdaily.com/2009/shocking-images-show-%E2%80%9Cbaby-soup%E2%80%9D-in-china/
Fuckers.
You are so easily fooled, my dear.
Not sure who is getting fooled here but “Jzz”, you are one gem of a person.
In China, they circulate images of the Heidnik house.
He is afterall, a typical American.
So much malice towards Chinese people.
Well, if that serve them well. Be it.
China only opened their door in the past 20-30 years. They only just started to have some English speaking people who might defend them (do they have the time to?).
I believe, someday, China will stand in front of the world in the glory comparably to its past splendor. By then, my grand children(if there will be) shall feel proud that they have some Chinese blood in their vein.
Unfair, Crazy world. always been. always will be.
Hope peace stays in more hearts so that human race will last a long time.
Thanks for the discussions anyway. Need to go now. My trading isn’t good enough to enable me to retire from my day job yet.
Best of luck, youall.
Sorry. One more before hitting my pillow.
When it comes to fetus soup (if there is such a thing), or any other hard-to-understand-why soup or what have you, I would just feel bad for their stupidity. They are probably not the only people being stupid. And mind you, stupid/crazy people are everywhere, not only in China.
In fact, percentage-wise, China probably does not produce as many crazy/stupid people as other country/places.
In my opinion, the next move higher in equities will come from a revaluation of the Yuan. This should help multinationals and US exporters boost their earnings. Until then, there’s no reason to go balls to the cutting board long. But unless you have impeccable timing and/or a time machine, there’s no reason to fuck around with leveraged bear ETF’s.
Oha, just watch dah dorror.
_____
China is a country with massive, empty fields of real estate. Wouldn’t a higher yuan pop that bubble?
A stronger Yuan will make them less competitive in the global market. Chinese exports should fall, imports will rise and the US should benefit. I don’t think there will be a real estate crash in China, prices will probably decline but I don’t think it will be an Oct. 2008 rip your face off decline. If you have good timing and want to actively manage positions go with FXP, if you want something you can sit on for awhile go long American exporters and nat gas names (electricity usage and hurricane season play) and short the FXI in equal size.
China has already started running a negative trade deficit, before they relaxed the yuan peg. I’m trying to do research on this China real estate appreciation, but the problem is the data is so disorganized, fucking surprise. They are in trouble IF loans were made with interest only payments/adjustable rate/etc and/or if savings and home price appreciation is greatly exceeded by the rate of inflation. In the US, from 1975 through 2000 inflation adjusted home price appreciation was only like 1.4% but from 2000-2005 it was 7%, way above its linear regressed mean. If wage appreciation and savings to personal consumption expenditure are significantly below home price appreciation, it would raise flags. I’d also like to try to find what kind of loans the banks were offering. I am also aware that Chinese insurance companies and others were allowed to make alot of investments in fixed assets and securities with their massive floats, which was a major contributor to the price rise.
One other note about a relaxed peg on the yuan. Be prepared for inflation to be repatriated back to the US as bullshit items at Walmart will slowly appreciate in price.
Been watching this set up for awhile….you may want to throw in SMN with your FXP….metals on Shanghai Futures is that nose on the dog imho.
You are all morons.
TELL THAT TO KARL
http://market-ticker.denninger.net/archives/2214-On-Goldman,-Securities-Fraud,-And-Skepticism.html
Jzz,
You are priceless. You are the Chinese Devildog, and I say that with love.
Hopefully Monseuir (sic) Le Fly will make you a “tabbed blogger” so you can debunk all this fetus soup calumny on a daily basis.
“The Important Matter of Fetus Soup,”
http://pragcap.com/goldman-sachs-buy-china-on-the-dip
My favorite oolong is Ti Kuan Yin. Comes complete with medicinal properties. Of course, finding a manly teapot to brew it in is a challenge
If it is real, why is there just a soup, and not other dishes prepared from fetuses? How about fetus fries for example?
For those keeping score at home, Hang Seng finishes up 1% today.
Po Pimp..Hang Seng is not pure Mainland play….and they didn’t end that way
Isn’t it spelled “Jizz”?
This “most influential female financial personality” – Sallie Crawcheck – is about
as stupid and inarticulate as they get. She couldn’t make a point with loaded dice.
jzz broke his sarcasm detector back in 1995 when it fell in his fetus soup.