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December 21, 2006 In China Feng Shui Guys See Market Top

From Reuters:

Forget fund flows and profit predictions, 2007 is about "fire sitting on water". Buy oil, avoid metals, and don't get your fingers burnt.

Feng shui experts steeped in the ancient Chinese knowledge of geomancy, or natural energies, see a turbulent year ahead for both markets and mankind.

"The elements -- they are in conflict," said Raymond Lo, a practitioner for more than 10 years, whose office close to Hong Kong's Victoria Harbour is considered a repository of positive feng shui energies in this hotbed of capitalism.

"Because it's fire and water, and they're not in harmony. So therefore next year in January, it's not so peaceful."

Wait, don't get my fingers burnt! Oh, that does make more sense.

Posted by edelfenbein at December 21, 2006 6:51 AM

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