Friday, February 8, 2008

Chinese new year

´China's stockmarket is closed duo to celibrating for the Chinese new year. it's the year of the mouse.

Tokyo have open and feel 1,44% Tokyo, Japans economi have been slow for a long time now, and it`s unlikley to change in a long time, since China have reaced the top of the bubble. the market is voilativ these days. The market show how uncertain of the future is, and now when the american economi is at a meltow, we se writedowns everywhere. the day traders is the one that make the big bucks now, not the momentum traders, there is no wawes to ride with.. we have some Swedish funds that focus on India they have fallen 4-8% under a alredy bad INDEX. Momentum funds was populair under the 90s in USA and helped to create the IT bubble. after that they haven't been so populair, i wonder why ? =)

More about the Chines new year. the intressting thing is that the year of teh mouse use to be good, in the late summer season. hehe but im sure that the companies woulden't make any plans from that..we can always hope that the mytology is true, a lot of chinese sure do. im borned under the snake.....don't know whetever it's bad or good

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