MyDiary397---Atleast2QsRecession;ASlowDeleveraginginBanks;
ARescueforA-shares;AFallofEURUSD?April20,2008ThisweekendedwithanironyphotographcapturinganakedmaleChineseinvestorstandinginthefrontdoorofCSRC.Well,foramarketmeasuredbySHCOMP,whichhasfallen13.5%wow,41.2%ytdandalmost50%sinceitspeakinlastOctober,thereshouldhavemanyretailinvestorswithbarelyanythingleft,iftheyarestillhangingon……IntheUS,st...[阅读全文]
子夜读书心筆
写日记的另一层妙用，就是一天辛苦下来，夜深人静，借境调心，景与心会。有了这种时时静悟的简静心态， 才有了对生活的敬重。
博文
(2008-04-20 05:08:47)
(2008-04-20 01:05:37)
中国地图居然暗藏天机?综合新闻
实在太佩服了，我们中国的地图居然暗藏这样的天机！
天机之一：中国地图暗藏“祖国母亲形象”旋转了120度后的中国地图
天机之二：中国地图暗藏“中国人汉字”
天机之三：中国地图暗藏“五条龙”中央“土龙”的龙字
南方“火龙”的龙字
北方“水龙”的龙字
天机之五：中国地图暗藏“凤凰图腾”
天机之六：中国[阅读全文]
(2008-04-20 01:03:43)
救，还是不救？中国股市给政府出了个大难题亚洲周刊
王正鹏／中国A股跌破三千三百点，希望政府如慈父般救市的言论再掀热浪，考验决策监管者。
王正鹏：财经专栏作家，独立博客《财经夜谭》写作者，现为和讯股票兼投资资讯部副总监。
中国A股在三千五百点以下的潜行，正在演变成一场意识形态之争。之所以要戴上意识形态这样大的帽子，是为了考量当下的中[阅读全文]
王正鹏／中国A股跌破三千三百点，希望政府如慈父般救市的言论再掀热浪，考验决策监管者。
王正鹏：财经专栏作家，独立博客《财经夜谭》写作者，现为和讯股票兼投资资讯部副总监。
中国A股在三千五百点以下的潜行，正在演变成一场意识形态之争。之所以要戴上意识形态这样大的帽子，是为了考量当下的中[阅读全文]
(2008-04-14 00:26:58)
A-sharecorrection:Howmuchmoretogo?ByChiLo|14April2008
GiventhatthefundamentalsoflistedChinesecompaniesaregood,thelong-termsignsfortheA-sharemarketarealsogood.
TheA-sharepricecorrectionsinceOctober2007resemblestheburstingofthered-chipbubbleinHongKonginthemid-1990s.Despitethecyclicalcorrection,thestronglong-termfundamentalsbehindChinesestocksarestillintact.Economicandstatisticalindicatorssug...[阅读全文]
(2008-04-13 06:04:00)
MyDiary396---US:WhereDoWeStand;Asia:WhatDoWeExpect;Stock:WhatareKeyDrivers
April13,2008
MygutfeelingsaysthattherecentbearmarketrallymayhavecometoanendafterWallStreetstumbledthemostinfiveweeksonFriday.Itisthesecondphaseofthegame,so-calledearningcontractioncausedbyacreditmarketcrisisandthesubsequenteconomicslow-down(ifstillnotarecessionyet),thatstepsupinthewholebearmarketshow…Recallingtheli...[阅读全文]
April13,2008
MygutfeelingsaysthattherecentbearmarketrallymayhavecometoanendafterWallStreetstumbledthemostinfiveweeksonFriday.Itisthesecondphaseofthegame,so-calledearningcontractioncausedbyacreditmarketcrisisandthesubsequenteconomicslow-down(ifstillnotarecessionyet),thatstepsupinthewholebearmarketshow…Recallingtheli...[阅读全文]
(2008-04-10 06:22:49)
追问格老 一位经济学家曾用格林斯潘的“语法”，为他设计了一则墓志铭：我对我将去的那个世界相当乐观，但是我仍然认为那里存在风险。 世界上还有什么危机是这位睿智的老人没有预言过的？就像美国前财政部长奥尼尔说的那样，格林斯潘“运用英语所有微妙细腻的表达方式，确保只有他和上帝才能明白”。神秘莫测，自然左右逢源。 次贷危机爆发整整一[阅读全文]
(2008-04-10 04:22:09)
白天醉于夜2008-03-2205:14:24[白天黑夜之外一篇]曾经玩笑着说要为白天和黑夜的故事续写，因为不喜欢这颓废的结局，不喜欢笔墨里过重的悲调。节日里的香港异常热闹，街里巷外都是簇拥的人群，即使是大雨，也吞没不了人的热情。回到公司，平日喧闹的环境此时却万籁俱静，连心也跟着静下来。只有键盘的敲击声和自己平稳的呼吸，告诉自己这个节日还并不寂寞。
夜，走[阅读全文]
(2008-04-01 03:01:27)
MarketThoughts01Apr2008Todayis“AprilFool”andthelocalmarketsawaUBS-ledUturn……Fundamentally,IthinkitisnowtheturnofEuropeanbankstobeginwritingdowntheirinventoryofstructuredassetsandleveragedloan.Ahealthyamountofleveragedloansarestilltuckedawayinaccrualbookssothewrite-downsbynomeansacompletepicture.Asaresult,markdown/de-leverageisbynomeanscompleted.Technicallyandsentimentally,themarketisdrivenbyth...[阅读全文]
(2008-03-31 02:47:28)
MyDiary393---TheFedSupercopandJapanesePlay;TheWorstQ1in16Years;TheFiscal-PeriodsEndsofUSDollarMarch31,2008Today,Asianstocksfailedtoholduponlastweek'spositivemomentum,sendingtheregion'sbenchmarktoitsbiggestQ1declinein16years,onconcernsoffalteringUSconsumerspendingwillerodeexportsofcars,clothingandelectronics.YTD,S&P500decreased10.43%,Euroareastocksslippedavg11%,andMSCIAPalsolost12%.Sofar,aboutU...[阅读全文]
(2008-03-26 07:07:09)
MyDiary392---Thereisadimlight;ToBuyorToOffload;DeflatingUSD&InflatingRMB
March26,2008ItisinterestingtoseeEuropeandAsianinvestorsreturningafterEasterHolidaywithbettermood,whileAmericanremainscautious(S&P500+0.23%)...Yesterdayglobalequitymoved+1.6%,markedbyheftygainsinEurope(+3%)andHongKong(+6.4%)…Impressivemove,butIthink1-2day'sperformanceprovidesnoindicationofwhatwillcomeonthefollowin...[阅读全文]
March26,2008ItisinterestingtoseeEuropeandAsianinvestorsreturningafterEasterHolidaywithbettermood,whileAmericanremainscautious(S&P500+0.23%)...Yesterdayglobalequitymoved+1.6%,markedbyheftygainsinEurope(+3%)andHongKong(+6.4%)…Impressivemove,butIthink1-2day'sperformanceprovidesnoindicationofwhatwillcomeonthefollowin...[阅读全文]
