* US played
her China card against Russia, and recently Russia played her China
card against the US. It is time for China to play the China card against
both by promoting its currency as the global currency. Confusing?
*
Bet on oil stocks excluding drillers and explorers. With this low oil
price, nothing is beneficial to drill or explore. Some are really great
buys according to the expected P/Es such as PBR (with the risk of
nationalization?). According to the performance of my bought stocks, oil
(or at least the oil companies) has turned around.
If it stays
below $60, this stock portfolio (about 6 stocks) will lose. However, I
will not touch them until 2016 or 2017 and do not mention them to my
family members (my promise to myself so I'm emotionally detached).
When
I bought them, they still went down. Psychologically we need to prepare
in buying falling knives. Hope the recent rise is not dead cat
bouncing.
All investing ideas are predication (i.e. educated
guesses). Do your own work, bet on the money you can afford to lose and
have a good sleep. When you lose money based on my suggestion, do not
blame me. When you make money, contribute it to my secret retirement
fund. That's the joke of the day
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