Tuesday, June 29, 2010

China Economic Slow Down

The US Conference Board revised its leading economic indicator index for China in April to a rise of only 0.3 per cent from its previously reported 1.7 per cent, on account of a calculating error.

Whether the figures is correct or wrong, a minor adjustment for China market is healthy for long term growth.

Get ready for this down turn and we may be able to make atleast 10%-20% by year-end.

Golden Agri: buy SGD0.50 and below.
Level 1 : 0.500
Level 2 : 0.475
Level 3 : 0.450

No comments: