10 replies to this topic

[James Quillian]

[redfoliage2]

The prediction is interesting, but I see SSEC 6000 by the end of the year.

Edited by redfoliage2, 21 August 2007 - 06:08 PM.

[Trend-Signals]

This is "Shooting Star"....



http://stockcharts.c...87424&r=575.png

Edited by Trend-Signals, 21 August 2007 - 06:08 PM.

[James Quillian]

The prediction is interesting, but I see SSEC 6000 by the end of the year.

For the record, its not a prediction, just an interesting observation.

I am guessing that like the U.S., China is supporting its equity prices.
A completed abandoned baby would probably draw intervention which would take the Shanghai up again.

[ogm]

The prediction is interesting, but I see SSEC 6000 by the end of the year.

For the record, its not a prediction, just an interesting observation.

I am guessing that like the U.S., China is supporting its equity prices.
A completed abandoned baby would probably draw intervention which would take the Shanghai up again.

Way too many conspiracies

What equity prices are being supported ? We're in perfect harmony with historical equity prices. A lot of stuff looks just plain cheap.

[James Quillian]

Way too many conspiracies

What equity prices are being supported ? We're in perfect harmony with historical equity prices. A lot of stuff looks just plain cheap.

I wouldn't say conspiracy. It has more to do with the way democracy deteriorates.

[Trend-Signals]

$SSEC is knocking at 5000 milestone, bullish.

4,980.08 3:00AM ET 4861.27 - 4999.19

I commented that China is bullish for a couple of years, annd noted Mar 2007 breakout.

The momentum of China market is bullish as shown on the LT 15yr TL breakout.

http://investorshub....age_id=22265603

[humble1]

i must say that i don't see how the chinese markets have much relevance. as to ogm's conspiracy theory debunking, there is no doubt that the chinese market is controlled. only a couple of days ago, it was illegal for chinese citizens to invest in hong kong. they had to put money in the mainland (e.g., shanghai) and the valuations are ENORMOUS as a result. streams of buses were taken there everyday so mobs could open accounts. they just put up on their website an easing of restrictions on hong kong, but how sincere all of that IS is a question. also, some very smart china observers say that, once the initial burst of enthusiasm for this putative opening is over, players will start taking a hard look at valuations. the profit margins for chinese comapnies is VERY THIN. the coming u.s. recession/depression will evaporate many of them.

[Trend-Signals]

It is about "GLOBAL ECONOMY".....

[Trend-Signals]

$SSEC 6000 is technical target from Mar 2007 LT 15yr breakout.
http://www.stockcharts.com/c-sc/sc?s=$SSEC&p=D&yr=0&mn=6&dy=0&i=p02439948996&a=66381250&r=667.png
http://www.stockcharts.com/c-sc/sc?s=$SSEC&p=M&st=1991-01-07&i=p41832746448&a=103246091&r=37.png

Edited by Trend-Signals, 22 August 2007 - 08:18 AM.