Club Mulgoa

Thursday, March 10, 2011

China sneezed

China sneezed and the world catches a cold! How things have changed.

But the poor trade performance was over the Chinese New Year period. Like Aussies, work slows down for a few days (Aussies for 1 month!), and lots of people buy new things around that time using their cash gifts. So why are western analysts surprised by the trade deficit?

I still put buys with my portfolios but at a much lower price. I am still happy to collect more shares if people want to sell out of a panic.

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