MGG's Comments

There are 2 different readers (identified by email address) with the same nickname MGG. They are represented by different colors.

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3 Helping Others with Hosting Package

I think we agreed some time ago that this great platform should not be used to post ads.

However, I myself can give a FREE hint: now it's time to reap the profits from Asian stock. I have no crystal ball but can read newspapers. The facts I have listed on this forum (the 12th March discussions).

Please, don't be misled that the Chinese stock has slightly picked up. Obviously it's only a phenomen called "the dead cat's jump", i.e. if you drop a dead cat from the roof, it bounces some inches off from the asphalt.

I sold all - and can now get a good night's sleep.

M. Gron, Ph.D.
Associeate Professor
Xiamen, Fujian
Posted by MGG at 2007-03-21 10:49:39. More

2 Everyone is Talking about Stock

That Joe Kennedy anecdote is excellent! I also met a "shoeshine boy".

I sold last Sunday all my Chinese stock after the portfolio had shrunken by 8 per cent or so. I made a handsome profit, though.

The odds that the market flattens are imminent. The shock waves came from the US where the consumer confidence declined. Please keep in mind that China and the US have a weird "balance of horror". The savings rate in the US is zero and people shop until they drop. The huge federal budget deficit is covered by borrowing. China and Japan have already given one trillion dollars. Now China was forced to revaluate the yuan. This means that the Americans buy less - and the credit given to Washington becomes less worth. China has begun to eye on Euro.

The Chinese government has succeeded to curbe the rising housing prices. Now it will fight the stock market speculators. The interest rate rose. The financial watchdog will make sure that people don't use consumer loans to buy stock. Last but not least - the tax on foreign enterprises will be increased almost by 70 per cent from 2008.

Even the governmet admits all this will reduce the GNP growth by more that 20 per cent.

My shoeshine boy was a small civil servant whom I know well and we often discuss the stock market. He was almost outraged to hear about my stock sales: "how do you imagine to know better than Warren Buffett? Buffett swears the boom will continue until the 2008 Olympics!

Then he told he's planning to invest his parents' pension savings on stock - to reap the last hefty profits before the Olympics...

I shrugged and walked away in silence.

M.Gron, Ph.D.
Associate Professor
Xiamen, Fujian
Posted by MGG at 2007-03-21 10:33:23. More

1 10 RMB for Genuine DVD

How do you guys be able to tell a fake DVD from a real one?? Remember, we have here a lot of so called "genuine fakes" that are in fact genuine - made by the same equipment as the real-real ones - but nobody ever paid any royalties to ther IPR holders.

br,

M.Gronroos, Ph.D.
Associate Professor
of Intellectual Property Rights
Xiamen, Fujian


Posted by MGG at 2007-03-21 10:06:11. More