Monday, January 01, 2007
Asian stock indice overall in year end-2006
---------------------------------------------------
Click on the datasheet to enlarge...
Argh... just the stock market index only, right?
who cares?
BUT shouldn't you know yr own countries health/wealth instead of relying on data from government and financial experts?
Asian stocks continued a strong year-end run, with MSCI's Asia ex-Japan index up 0.7 percent at an all-time high.
Hong Kong's Hang Seng (HKSE:^HSI) closed above 20,000 points for the first time, while Australia's S&P/ASX 200 (Australia: ^AXJO) hit a record peak of 5,673.7 points.
Singapore's Straits Times (SES:^STI) hitting a record high of 2991.35 for the 1st time and the 52 weeks range showing the growth from 2277.91 to 2991.35.
Feng shui investors brace for year of fire on water
HONG KONG (Reuters) - Forget fund flows and profit predictions, 2007 is about "fire sitting on water."
Buy oil, avoid metals, and don't get your fingers burned.
Raymond Lo
The elements - they are in conflict
Because it's fire and water, and they're not in harmony. So therefore next year in January, it's not so peaceful."
Lo expects a stock market boom in the first half of the year, with Hong Kong's Hang Seng index (HKSE: ^HSI) likely to soar over 20,000 points, creating an "illusion of optimism" before a steep drop. The market is up 30 percent this year at 19,216 and, along with other Asian bourses struck record highs in 2006.
Edvin Mah
Investors should focus on stocks harnessing the elemental force of fire, and avoid those vulnerable to it. Oil, given its combustible nature, will be a gainer. Construction and property firms are also in favor.
Oil prices will rise at least 5 percent, because the fire will be fierce, and other sectors related to fire will also rise.
Metals such as gold, steel and zinc, top performers this year, could be tempered in 2007.
"The fire will dominate them," he said, along with sectors related to gold, such as financial and banking stocks.
LAI Hon-fai
Fire is the 2007 force but wood will moderate the destructie effects.
The wood element will have a secret effect on the fire by adding prosperity. So on the surface things might not be as good as this year, but there'll still be relatively normal growth.
Years ending with the number seven have a track record of stock market disaster, Lo warns, referring to the 1987 Wall Street crash and the Asian financial crisis that struck a decade later.
"You have to be very careful, the worst could be October ... but it won't be as bad as 1997," he said.
On the political front, Lo expects strife in the Western world, but few flashpoints in Asia.
"There will be turbulence, there will be fights, there will be explosions and clashes. It's also a year of evolution."
"Asia is comparatively stable, the bad energy is in the North next year, so therefore America and those (Western) countries will more easily have natural disasters and other problems."
He also believes a "sick" energy might arise.
"Something we have to be careful of is sickness and health problems. Epidemics could come. We have to worry about avian flu, that kind of thing."
sMurFy at ... [ 10:46 PM ]
================================================================
================================================================
