Thursday, September 4, 2008

Part 2 - Why does the market resist the bottom?

Remember what traditional Chinese wisdom says: you must release the toxic blood and elements in the body before you can cure the patient? Well, they refused to do so a couple of months ago and now, the disease has become very very bad. I would think that it's now too late to do anything; there is no point to shed the toxic blood and elements by now.

What a great pity! The world is facing the biggest downwards trend in the 21st century but frankly, I can't see anything in my crystal ball. It's all very muddy and I can only see black clouds, dirty mud and stingy water everywhere. If our one and only one hope is the US economy and the US dollar, then I'm afraid you will be deadly disappointed.

We are now entering the ICE AGE. Yes, my heart suddenly stops pounding....

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