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The Olympics |
rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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Posted: Sun Feb 25, 2007 9:29 pm Post subject: The Olympics |
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The Summer Olympics in Beijing are scheduled to open on 8/8/08 at 8:08:08 p.m _________________ Today is the Tomorrow you worried about Yesterday! |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11743 Location: Los Angeles, California
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Posted: Mon Feb 26, 2007 12:42 am Post subject: |
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Yes, here it is: http://www.olympic.org/uk/games/beijing/index_uk.asp
Given that this is also the year of the "Golden Pig" (a 600-year event) - a year of good fortune - and given that China is finally making it into the big leagues in the eyes of many Mainland and overseas Chinese, we could have the mother of all bubbles in the Chinese stock and real estate markets over the next 18 months.
March 1973 P/E of Hang Seng: 73
December 1989 P/E of Nikkei: 66
March 2000 P/E of NASDAQ 100: >100
August 2008 P/E of Shanghai Stock Exchange: ? (it is currently at 25) |
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