林卓榮師傅其他文章(Other Articles by Teren Lam)

                                                     文•林卓榮( Teren Lam ) 

To all investors  
        

You must start to reduce your stock, especially in stocks market and properties market, and increase your cash level before October this year. 

As you can see that, the stock market has been dropping since August, which utterly conforms to my prediction predicted in early July. My prediction is that the HSI will plunge to around 10000 and all the blue chips will drop at least 25% from August to the end of this year. 

You will find that the financial system will have a deeply impact in October. The exchange rate of HKD will be fluctuated and HKD will be relatively depreciated. In addition, the deflation rate will increase gradually. 

Meanwhile, you can find that the value of properties, especially the higher ones, will drop rapidly in October and the properties market will shrink gradually until the middle of 2010. 

Yours Sincerely,

(本篇完)

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