Saturday, Apr 28, 2007
Hedge fund manager shown up as an idiot
safehaven: How and Why the Chinese Shanghai Index could implode ...
This week, I had a discussion with a Hedge Fund manager about it. I asked, "How long do you think the Chinese market can go up by adding 1 million investors per week?"
His answer was, "Practically forever ... because they have over 1.3 BILLION people".
The whole market is a ponzi scheme weeks away from imploding
Posted by sold 2 rent 1 @ 07:08 AM (189 views) Add Comment
4 Comments
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1. sold 2 rent 1 said...
The scary thing is if the Chinese are borrowing to invest in a gigantic ponzi scheme then we will have banking crisis in China in 6-12 months.
The liquidity crisis is evolving right now.
2. Deadspider said...
I'm being my usual retarded self so can someone explain this please .
Part of the authors analysis states :
"Now, lets go to week thirty three. What happens when 3% buy and 6% sell? The selling outpaces the buying by 2 to 1 and the market goes down."
How can 6% sell with only 3% buying ? Where does the other 3% go ?
I don't understand .
Thanks in advance .
3. indiablue19 said...
Isn't it interesting how inevitability worldwide greed is bringing all to the same place and at nearly the same time. How ironic that as the pot and the stakes increase, as the pool of investors grows ever larger, it also becomes increasingly clear that no one benefits unless all benefit. Case in point: would suggest a quick whip-round for the Chinese who lose out, but the UK may be having serious problems of its own by then. Sad that we probably gained nothing by having predicted it. Let no good deed go unpunished.
4. millard said...
Deadspider: the 3% that are buying get double the volume for the same price..... prices fall by 50%