Bay area I-ching Master Y.C. Sun spoke at our Realtors' meeting this morning. He is a computer scientist and a third generation geomancer. In an interesting presentation, he advised us to be frugal and prepare for a possible global recession after the Beijing Olympics. Domestically. he expects the real estate market to bottom out in third quarter 2009.
He predicted that the stock market would go up in 2008, as it has in the past seven Rat Years, which come at 12 year intervals. He recommended investment in heath care and agriculture, as well as in the telecom, technology and service sectors. Hopeful predictions are a drop in oil prices and a rebound of the U.S. dollar.
There were too many predictions for this blog to share, but his strongest advice was to make smart moves this year, as next year...The Year of the OX...may be a tough year to plow through.
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