Please ignore that headline from 9:50 AM ;). As I said, just another buying opportunity.
When news is good, that means the government is doing its job subsidizing the entire economy.
When news is bad, that means there will be even more subsidization to come in the future.
Bad unemployment data? Bad economic data? No problem - government is here to steal from the future generations to give to you. Just buy stock.
As Mr. Min taught us - we cannot lose. Our government won't let us. [Sep 1: China Sovereign Wealth Fund Chairman with Quote of the Year, 2009]
It will not be too bad this year. Both China and America are addressing bubbles by creating more bubbles and we're just taking advantage of that. So we can't lose.
Just follow the trail of hair, and you'll find the bears.