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Date Posted: 02:57:38 04/14/08 Mon
Author: L
Subject: 參考曹仁超
In reply to: small investor 's message, "HSI drops 800 , buy or sell?" on 00:42:36 04/14/08 Mon

只有喺牛市(例如1982至2000年),股票才最值得持有;上落市(1966至82年)或熊市,股票市場皆缺乏投資吸引力。鄐市中有80%投資者賺錢,因此好容易產生易賺錢儱P覺而吸引愈來愈多資金加入;鷅等咫80%投資者蝕本,令散戶漸漸變得意志消沉而退出股票市場。熊市出現理由有二:一、股市O太高,市場由高O走向低O(即使企業純利仍上升);二、企業純利出現下降,引發股票價值下跌。

  呢次G7會議,各國再次關注美元弱勢,因美元已見1.5913兌1歐羅;此乃2004年2月首次(2004年2月時各國認為美元應貶值去改善本身貿赤)。換言之,G7認為美元貶值幅度已足夠,並將繼續要求人民幣升值。值得注意麉Y,美元兌日圓3月17日起已止跌回升,美元兌歐羅形成三浪背馳,唯一仍可睇好鼣f幣係人民幣,進入「破七入六」期。

  Open your eyes(解放你麉銩Q)!做人最大阻礙其實就係你自己麉銩Q。面對美國次按危機惡化,除鬙[強憂患意識外,更要保持清醒頭腦,任何時候都不可頭腦發熱。

  今天對事對物不妨採用「三先」策略:甲、先幹不爭論。乙、先試不議論。丙、先做不評論。自1997年7月1日香港主權回歸後,港人最喜歡爭論而唔幹實事,凡事皆爭論,結果無事做得成。八十年代老闆娘林太曾罵我老曹:「凡事試都未試,便議論紛紛。」未試過你點知唔得?的確有道理!即使事後證明唔可用,亦知點解唔得。今天面對意見多多麊悒哄A點解唔採用「先做不評論」既策略?

節自4//14信報曹仁超《三先策略》

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