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No cliff in China! Breakout underway.


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#1 Rogerdodger

Rogerdodger

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Posted 31 December 2012 - 11:18 AM

Last weekend I went to China.
No, not the country and not Walmart but Harbor Freight Tools.
The place was packed like I had never seen before.
LINK

I guess my $40 helped:
http://stockcharts.c...51924&r=799.png

Chinese Apples are doing well today also:
http://stockcharts.c...56970627528.png

Meanwhile, Jack Chan's charts are packed with Sell signals and failed buy signals, reflecting the news driven market vs seasonal patterns.