Tuesday, September 4, 2007

Gordon: bulls may soon run no more

So Mark Gordon says the bull market is almost over.

Goldenticker.com: Is the bull market over?

He could be right. The technical indications are there.

But there's one big difference between our current situation and those of years past: the global market is on fire. China? Never a factor in the free market as it is today, even under the guise of a "Communist" government. It ain't democracy over there, but they're loving their advantages, and they intend to squeeze the U.S. for every damn penny they can. Not good if we slip into a recession, but then again, we can invest in Chinese ADRs as a sorta hedge.

Yeah, I'll sip the Baidu tea, please. Play or be played. Even Mark Gordon knows this.

No comments: