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Shanghai Index


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#1 Regent

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Posted 27 August 2007 - 01:57 PM

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The Admins and I are now nicey-nicey! :D

#2 hiker

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Posted 27 August 2007 - 02:36 PM

FXI has nearly reached its fib extension target today...within 50 cents

#3 Islander

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Posted 27 August 2007 - 03:00 PM

The WSJ quotes an official of the Commercial Bank of China to the effect that "70% of the listed firms traded in China are Worthless". This next event in Shanghai could trigger the a lengthy melt down in Asia. But ,I am betting it comes after the 2008 Olympic excitement - sort of a follow-on diverson to the US markets. McHugh says 2008 is to be a major bull market. Islander. :bear: