Here is a stock to watch: Chaoda Modern Agriculture (0682.HK) is China’s largest vegetable company. Food is going to become a powerful business as the world’s population grows.
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{ 3 comments… read them below or add one }
With regards to this company and others in China (PTR, CEO, PKX, etc.), since they are traded on american exchanges, could they be expected to fall with the next predicted deep downturn in the US markets? I would suspect they would because of “herd mentality.” I would prefer to hang onto them for the better, but might be forced to sell and buy later at a lower entry. As I’ve heard said: the market can stay stupid longer than you can stay solvent.
Please keep up the excellent work, Tony (and Larry and Sean)!!!!
Oct. 19,09
I am a new subscriber and share the concern stated above by Mr O’Brien. If the DOW should fall 1-2000 points (several adviser services predict this in the near future), I would be inclined to agree that Asian positions held by U.S. exchanges will probably fall in concert with the DOW. If true, then there is little or no insullation from DOW corrections by investing in Asia via U.S. exchanges. Tony,can you comment on this?
Thank you for your consideration. Jim Sliney
Oct. 19,09
I am a new subscriber and share the concern stated above by Mr O’Brien. If the DOW should fall 1-2000 points (several adviser services predict this in the near future), I would be inclined to agree that Asian positions held by U.S. exchanges will probably fall in concert with the DOW. If true, then there is little or no insullation from DOW corrections by investing in Asia via U.S. exchanges. Tony,can you comment on this?
Thank you for your consideration. Jim Sliney