Tuesday, February 27, 2007

A Bad Day In Shanghai

The Chinese stock market in Shanghai fell nearly 9% today, the worst single day in it's history. Of course, the market more than doubled last year, so you're still up 80% if you're a stock holder. It's a very exciting time to be in China; everything's going gangbusters now but their could always be trouble around the corner.

I don't really have money to invest right now, but I'm hoping when the crash does come (as recessions always do) I'll be sitting on some change waiting to pounce. Here's hoping.

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