Thursday, November 01, 2007

China FXI daily is at SELL.


Will China's economy break down - I do not buy this theory: it is planed economy with capitalistic approach with huge driving force of urbanisation and leap frog forward in infrastructure. This Dragon will be eating commodities for years to come. Will China's stock market correct? It is not a question for me - the only dot left is when...
Dayli SELL: RSI falling down, MACD Sell.

1 comment:

Anonymous said...

I agree totally. My investments are mostly China. I love the volatility and I love selling puts and calls so I can profit from the downturns as well. But I strongly believe that they are all just buying opportunities when it comes to FXI and other China stocks. Good luck.