Comments on: Forecasting trouble ahead http://www.dinocrat.com/archives/2008/06/23/forecasting-trouble-ahead/ Sat, 22 Nov 2008 03:47:24 +0000 http://wordpress.org/?v=2.5.1 By: BigFire http://www.dinocrat.com/archives/2008/06/23/forecasting-trouble-ahead/#comment-312403 BigFire Tue, 24 Jun 2008 15:15:45 +0000 http://www.dinocrat.com/?p=6537#comment-312403 Both of the country's stock market were over priced in the first place. For the Shanghai market, the situation is made worse by the fact that it's hard for foreign investor to directly invest in the local market, and hard for individual local investors to invest elsewhere. With local money having no where to go but buy local, it drove the market to an unreasonable level. It's still over price, IMHO. Both of the country’s stock market were over priced in the first place. For the Shanghai market, the situation is made worse by the fact that it’s hard for foreign investor to directly invest in the local market, and hard for individual local investors to invest elsewhere. With local money having no where to go but buy local, it drove the market to an unreasonable level.

It’s still over price, IMHO.

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