"whatever goes 'up' eventually comes down."

"whatever goes 'up' eventually comes down."

While the China bubble will burst and hurt lots of people's savings (and I think they need a correction around here, things are too volitile) - whatever goes up eventually comes down does not apply to stock markets. taking the long view - all major stock markets in the world - dow jones, nasdaq, hang seng, london times, nikkei - have only gone up and up. sure there's corrections and temporary downturns, but everything has only gone up as an upward trend.

that might not help the personal investor though - that doesn't have the cash reserves to withstand the downticks, but everything that goes up does not come down.
Posted by T. at 2007-05-21 08:31:48
Commented on
Chinese Stock Market is More Crazy