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Keep an eye on China


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#1 Islander

Islander

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Posted 27 September 2007 - 07:06 PM

The recent US fed easing and its significance for stocks can be seen in the following China plays being consumed by US/western speculators. It is frenzy to put it mildly. See KONG, CBAK, SNHY,CEA, CHA all Chinese and up 15% or more on the 27th. The weeklies are even more interesting. We are riding this play up (with aggressive stops), and in longer range, with shorts - it can not last. Best, Islander