[morpheus]

What are your opinions of the current chinese and indian sensex stock markets? The chinese market has fallen to 50% of its peak value - do you think it is a good time to start buying stock in these markets or do you feel it still has room to drop a lot more?

[climber07]

OP: Do you think China's and India's economies will benefit in the near future from the rising commodity (oil & food) prices?

[KnowItAll]

Round N of the bloodbath will begin in a couple of weeks time. Q2 results should be out by mid July... wait till then.

[climber07]

Originally Posted by KnowItAll

Round N of the bloodbath will begin in a couple of weeks time. Q2 results should be out by mid July... wait till then.

in some places it may have already started...

[KnowItAll]

climber : Cant the food and oil prices can be manipulated in these two countries by the govt?

Sentiments are far more difficult to muck around with.

[climber07]

Originally Posted by KnowItAll

climber : Cant the food and oil prices can be manipulated in these two countries by the govt?

In short term yes, but not in the long term. Governments can't afford to keep doing it forever. Besides, notice how China is already feeling the pressure by rising their petrol prices.

Personally, I think India is in a lot more trouble than China. Between the problems in the financial industry right now (with all the pending litigations on "questionable" derivative sales), soaring inflation, and questionable assets (due to a "high risk" appeatite)...I'm a big seller of places like ICICI, etc..

The opportunity for growth in the next 5 to 10 years is still huge in India (no question about it). However, although it's been relatively immune to first round of the credit crunch, I feel that ultimately they will also feel the pain as the dark clouds linger over the horizon. In the next 6 months the shit will hit the fan. I very much doubt we have already seen the global equity market lows. My personal view of course

[Oldtimer]

Originally Posted by morpheus

What are your opinions of the current chinese and indian sensex stock markets? The chinese market has fallen to 50% of its peak value - do you think it is a good time to start buying stock in these markets or do you feel it still has room to drop a lot more?

Are you buying the Index funds?
If you are buying a particular share, then you have to research that particular share and decide at what price in your opinion it is a good buy.
And when it is in your price range then buy it.

[whong]

50% down in chinese market looks very attractive to get in. but keep in mind the central govt has been controlled it and the outlook could be anybody's guess. my advice, have a few lots of capital to play if you feel confident. i wouldnt be surprised the A share index would hit 2000 to 2300 level. long term wise, china market should be bullish.

i guess the only way to make quick $$$ now is buying low and hope for a technical rebound. good luck.