Wednesday, September 3, 2008
In the news today is a big commodity sell off. All the basic material stocks are way down. This could provide great opportunities. Energy, coal, steel, all down big. There is a rumor that this is a process of major liquidation by a major firm. If there is a recovery in China look at XIN. A major realestate operation in China. These guys will go lower if there continues to be fears of a "Global Slowdown." Like the USA it will be overstated and this stock could bottom very soon.
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