including BRIC suffer 30 % loss, only gold fund, ultra financial , real estate ETF gain by his two master hands controlling global capital market prices on Euro-events Global/ Asian China finance, capital market conferences Nov. 2003 in Singapore, Shanghai, Beijing, to 2000 QFII fund managers that soaring China and US housing, auto demand resulted soaring oil,commodity prices, energy, natural resources stocks, ETF enjoyed 80 % growth,inflation to 5.2 % in May 2004, forced China Peoples Bank credit tightening, rate hike, and RMB will stay unchanged through 2005 and apprecaite within 3 % later.
He predicted to 70 global QFII, ETF,oil, fund managrs in Beijin, 2005 that China/US hosuing, auto demand continue pushing oil prices to 80, metals prices to new high in March and summer 2006-2007, weak dollar drag by record US trade deficit of 70 billion and rate hikes, tightening through summer 2006 resulted inflaitonary slowdown and resulted price cutting, profit squeeze
Dollar traded 102- 113 Yen
1.28- 1.38 Euro, Weak dollar offer some suppot to prices
US ETF and mutual fund are overheated will making 30- 50 % correction from it peak as predicted by Dr. Huang in 2003 conferences and his www.osawh.com website ETF, mutual will continue facing correction consolidation, following trading Dow Jones, traded 9950- 11600 and Nasdaq 2050- 2320 in summer 2006 will drag global consumer, technology banking ETF for correction, while energy, metals, natural resources and biotech ETF
enjoy 10 % growth
FEU 34- 38 VDE 55- 65
IYE 70- 80 SPY 110- 120
IXC 80- 87 IGE 138- 154
FXI 53- 58 INX 63- 72