Feng shui masters see calmer markets in Year of the Ox

[Joanne98]

HONG KONG (Reuters) - Stock investors reeling from last year's market mayhem may take some solace from practitioners of the ancient Chinese art of feng shui, who predict a calmer, if subdued, performance in the coming Chinese Year of the Ox.

"This year of the Ox is an 'earth' year, when people will take a breather and reflect on what they should do after a turbulent 2008," said Hong Kong feng shui master Raymond Lo.

Practitioners of feng shui maintain the universe is made up of five elements -- earth, water, fire, wood and metal -- that define the collective mood in our environment.

Earth is the calmest of the elements and this year is a "yin earth" year as well as an Ox year, symbolizing a more feminine energy, says Lo.

The Year of the Ox, which starts on January 26, will be the most peaceful year globally since 2000, he says, but stock investors don't need to rush into the market yet.

http://www.reuters.com/article/ousiv/idUSTRE50K06320090121

This year is going to be anything but calm. LOL

Here's a wiki link for things that happened in 1949

http://en.wikipedia.org/wiki/1949

[CoffeeCat]

1. And in other news...

Ed Smith from Walla Walla has a Magic 8 Ball, and it says that we
should put all of our money into stocks that start with the letters R and M!

[Warpy]

2. That's at least as good

as the advice given by TV ranters on the financial channels.

[CoffeeCat]

3. Is it just me...?

...or are these financial channels making you roll your eyes?

Lately, all they do is signal that it's a great time to buy, buy, buy all of these
low-priced stocks.

They seem to go to incredible lengths to persuade listeners to buy.

The only way this is good advice--is if we're at a bottom. Given what's probably
going to happen this year--that's highly unlikely.

I never used to think that these commentators were shills for the corporations. Now, it
feels as if that's all they are.

Anyone else feel this way?