Post by
bond46 on Jul 13, 2012 11:24am
RE: just what was said
For all of you hopefuls out there chasing dreams, the data that came out of China today, the GDP, Consumers sentiment, etc., should be taken with a grain of salt, commented a WS guru, today, and that the Electricity consumption records that came out China are more reliable because they can' t cook them so easily. And these records show that consumption is down, a sign that industrial production is slowing and thus iron ore and met coal demand is also down, he said. So, be careful out there.
Comment by
longrun on Jul 13, 2012 11:27am
Bund ,,what is left now for those who bought it at 3 ,2, 1 Bucks and more at 80 cents 70 cents to be careful,,, for those who are buying now could make some money .
Comment by
bond46 on Jul 13, 2012 11:32am
May be some people do not want to throw good money after bad, hoping that things will turn around. Don't take me wrong, if you want to gamble go right ahead. I for one gambled yesterday and bought 100000 shares at 33cents but I am playing with the House's money. Have a good day in the market.