exnavyew
Well-known member
Gosh......One more very important thing that I failed to mention on my earlier post.
China still looms. Things do not make sense!!
It seemed they were going into collapse for the last month and last week.....and I understand, it was from overpriced stocks and high leverage (high margins). So the cure was the Government just imposes a stop on stock sales to prevent the collapse!!! Now that is much scarier than Greece.
China buys a lot of our bonds and buys from us. So when is that knife going to fall. I should think it will come fast and without warning.
So for that reason alone I am thinking the strategy for me is to NOT be fully invested for the next few months. Maybe a shorter term in and out to reduce risk exposure??? I don't know the answer but welcome any thoughts. So its kinda hard to have sweet dreams right now.
Best wishes to you and everyone on your investments!!!!!! :smile:
P.S. Yes I am still spooked.
Congrats on post #1000! DBA :35:
Greece: Tsipras government might not even survive til fall.
[Which would be totally understandable since he ran on an anti-austerity platform then
turned around and gave away the store (in many Greeks eyes).]
Greek PM Tsipras faces party revolt over bailout deal
Greek PM Tsipras faces party revolt over bailout deal - Yahoo Finance
China:
Posted this article earlier somewhere.
"When Shanghai was peaking at 5,000 in June, I gave you five words of advice: Get. The. Hell. Out. Now.
To which I’ll add five more: And. Stay. The. Hell. Out."
Opinion: China’s stock-market crash is just beginning
China