Reading Time: 2 minutes It looks like it. On Monday Jan 21 we have the biggest drop of global stock markets in recent years (see the quoted news below). I want to talk a little about the Chinese market in specific. It appears to me two pieces of news helped driving the market down. The huge secondary offering of

Reading Time: < 1 minute Read this from trader818. While I don’t agree everything here, I think the principle applies. I also want to add one thing: if average down too many times (and never make money), something (the market or the stock) must be wrong. I learned the hard lesson from Longbottom (LFT). 最近有不少朋友问我大势这么差，是不是该逃跑，或者买点put hedge上。 我的观点是，从长期投资角度讲，现在已经出现很多值得关注的股票，该做的不是逃跑 , 而是参与。 熊市里面很难赚钱，特别要防范风险，选股票时候需要注意几个问题

Reading Time: < 1 minute Last week I received the new credit card from CitiBank, which I immediately put it in use by transfering some of the high interest (7.75%) debt in my HELOC to this account. Note this 0% offer is valid for one year. I found out this offer from MyMoneyBlog. I have done credit card balance transfer

Reading Time: < 1 minute From YouTube, the event was hold on Tuesday (Jan 15 2008)

Reading Time: < 1 minute Shoe retailers Here are some of the major shoes stores in the US. Snapshot from the Shoe Carnival ICR XChange 2008 conference. X axis stands for the choices of shoes; Y axis stands for income level of customers. My own experience In recent years I bought most of my shoes shoes from online stores such

Reading Time: < 1 minute 401k My new 401k plan did first purchase yesterday. I got 0.47 shares of company stock plus other mutual funds. If this rate holds, I am going to get 12 shares this year 🙂 MasterCard CCF settlement I registered for $25 settlement fees. Now waiting its arrival to my mail box…I understand it will take

Reading Time: 2 minutes (Update noon Jan 18) Opps, the Bush rally only last couple hours 🙁 Seriously, I do welcome this $1,600 per family tax rebate. Maybe a trip to Europe this Spring? Oh well, that won’t help the US economy directly. (Original) I mean, to the stock market. Yesterday, after Ben spoke in Congress and painted a

Reading Time: < 1 minute Quoting Reuter News: E-House China (EJ), filed with U.S. regulators on Thursday for an offering of $175 million of its American depositary shares. Note the company recently formed alliance with some major home builders in China (read the news from CNNMoney). Now they are asking more money from the market, the shareholders (old or new).

Reading Time: 2 minutes at this time. I was excited about shorting EDU or APPL (buying puts) after Tuesday’s MacWorld keynote and New Oriental disappointing earning news. I hoped to cover some of my loss from LFT (and to a less content CROX) by shorting the stocks, now that the market appears controlled by the bears. So I went

Reading Time: < 1 minute Well, if one does not, like Under Armor who skipped ICR XChange conference this year, rumors will go out. Quote StreetInsider “Under Armour (UA) Sinks On Fears Of Back-End Weighted ’08 Earnings” January 17, 2008 11:01 AM EST Shares of Under Armour, Inc. (NYSE: UA) are under heavy pressure this morning which is being attributed