引用:
原帖由 ces 於 2008-8-5 01:23 發表
subprime has started since Aug 2007
since then the market reached over 30000 the highest and 20000 the lowest
at which point shall we buy ??
I believe the subprime issue is fading out, instead, we should pay more attention to post subprime effects, meaning loan default rates (mortgage loans & credit card loans), trend of propoerty prices, consumer confidence, consumer purchase power, unemployment rate, repayment ability index....
We are possibly experiencing a stage of high inflation & low economic growth, i.e. stagflation, before deflation comes.
Investment strategy: 80% cash, 20% derivative investment (preferrably put options to sell selected stocks and commodities).