financial markets worst yet to come!, page-21

My thought on current world markets including ASX is that very hard to predict.

As I posted before, regardless of wrong or right, without prediction or personal view it is very hard to make money.

If market is going up I will hold and/or buy more, and if it looks going down I will sell and hold cash as much as I can so I can buy at lower price later on.

Concern for Chinese slow down is key issue atm worldwide.
Today Shanghai index dropped to 14 months low. This indicate that Chinese investors are worrying about their economy future as stock markets are about 6 month leading indicator of the state of the general economy.

At he moment my stance for stock markeetis that "Survival First" and "Cash is King".

At all times, after storm pass sun will shine as usual.
As long as capitalism is existing IMO.



Regards,