with the secondary characteristic of the Earth.
Businessmen in Asia take astrology very seriously, and alas the various Asian sites either say this is good or this is bad for the stockmarkets.
These Dogs are stubborn and never give up. They aren’t very connected with the world and society. Though stubborn, they respect other perspectives. They believe that as long as they work hard, they’ll make it.
ABS-CBN warns of "dog days" around the new year but the Standard is more optimistic.
"It's not a year for metals to bark so don't expect much more than a whimper from banks and financials - we expect both to underperform from the previous two years," the index said.
It expects telecommunication, internet and utility stocks to perform well but casinos and transport may not get a leg up until October.
The Hong Kong-based brokerage expects a great beginning for the lunar year, when the "Earth Dog jumps out of the kennel and tosses the Fire Rooster back to the barn," sending the HSI skyward.
The local equity market may welcome "a most auspicious day" on February 28 and take a tumble in March, the index predicts. It cautions investors to be wary of a summer of discontent, though construction and resources stocks will flourish at that time.
From November to January, the "Earth Dog spots the ball and gathers speed, pushing the HSI to a high note and the Hong Kong Tracker Fund will also ride the tailwinds."No, I don't believe in astrology, western or Chinese, but many here in Asia do, and these predictions could easily contribute to a stock market problem in Asia.
And here is a small factoid for dog lovers:
...dogs are the most hated animals by the devil and the demons because they are the closest and most helpful animal to mankind.
Trixie, call your office, Dean Koontz is on the line...