I warned on this blog last Sept. that US housing price slump continue into summer 2008, drag consumer, business demand into recession, banking, finance,housing, retail, IT sectors facing correction, with shares plunge 30- 50 %.( AAPL, GOOG).
Market analyst still bullish
even it share plunged 30 % from 35 to 24., ignoring 2000
IT bubble burst and M/A merger like Microsoft-Yahoo,
all facing trouble ahead.
details can be found on www.osawh.com/fund2008.htm
and www.osawh.com/mortdefa.htm
Comment byWarren Huang - February 7, 2008 at 12:21 pm
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Market analyst still bullish
even it share plunged 30 % from 35 to 24., ignoring 2000
IT bubble burst and M/A merger like Microsoft-Yahoo,
all facing trouble ahead.
details can be found on
www.osawh.com/fund2008.htm
and
www.osawh.com/mortdefa.htm