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China stock market crash seems to have become a great concern for the global economy. Even a source says that many of the Chinese companies are on hold to keep themselves away from this crash. But, economists are saying that this stock market crash may turn out to be a good opportunity for investors.
Is that you Jing Pan?
I think he's a bot or something.
He keeps promoting the following website in all of his posts:
http://www.profitconfidential.com/
Ye's Baaaaaaack!
(yes, it's a bot, albeit an advanced one, probably backed up by an actual human in case responding directly to something becomes absolutely necessary.)
Invest in China to become another Greece.
Hey ComputerYe, what's your forecast for gold/silver spot price?
Bueller... Bueller... Bueller...Quote:
Originally Posted by madfranks
I'm looking for a good opportunity to invest. Can I mail you a check to jump on this great chance? I can make it out to ComputerYe.Quote:
Originally Posted by ComputerYe
Thanks ComputerYe, you are always looking out for us.
I nominate ComputerYe as GSUS member of the year, on account of how well he looks out for us.Quote:
Originally Posted by Hitch
computer ye be our captain obvious...
https://pbs.twimg.com/profile_images.../VJsw1MaU.jpeg
Not so fast! China's volatility offers an immense opportunity to profit right now.
I bought some shares of Direxion's YANG inverse China ETF early last week at $85/share and was very pleased with myself when I sold them for $91.32 a week later. That's 7.4% in one week, which is about 400%/year. I wish I could do 10% that good on a regular basis.
But WOW! Friday YANG closed at $118.27. If I had hung on and sold at the peak, that investment would have netted me 39% or well over 1000%/year.
Direxion's leveraged ETFs may be a definition of dangerous, but China's problems probably aren't over, so I'm thinking of jumping back in Monday morning.