9 replies to this topic

[Islander]

The FXI has assumed the proportions of the Tech bubble of the 90s. Is this a fractal or what? Check out the story seekingalpha.com/article/48706-just-how-big-is-the-china-bubble (good link not available) Best Islander.

Edited by Islander, 03 October 2007 - 03:26 PM.

[Russ]

A horse of a different color?

[Tor]

A horse of a different color?

Noi bubble in china. looks like one, but it isnt.

bubbles trade on pe's of 100, like nas at top. china at 50, prospective drops to 30. it could double from here. you heard it here first.

good trading.

Edited by Tor, 03 October 2007 - 03:58 PM.

[gorydog]

The FXI has assumed the proportions of the Tech bubble of the 90s. Is this a fractal or what?

Check out the story seekingalpha.com/article/48706-just-how-big-is-the-china-bubble (good link not available)

Best Islander.

There was something about a limitation of forign ownership of chinese stock on bloomberg tday. That may be explain the drop. Could be setting up a bump and run reversal pattern though. I lack the stones to short this here!!!

GD

[arbman]

It is (the next bomb), the parabolic rises are bound to fail at some point, but the distribution is only beginning... I strongly believe that there will be higher prices of some sort for this index before a failure here...

[Russ]

Shanghai exchange looks like it will go up into the middle of the next decade as several other major indexes do too. There will be corrections along the way with mid 2011 a highly likely one based on Martin Armstrong's Pi cycle work.

[Islander]

Thanks, I feel better, sort of. Islander.

[pdx5]

China bubble won't burst unless US economy turns down into a recession mode. No guarantee recession is imminent.

[da_cheif]

It is (the next bomb), the parabolic rises are bound to fail at some point, but the distribution is only beginning...

I strongly believe that there will be higher prices of some sort for this index before a failure here...

when the dow reached 4000 in the 90.s....the words "dangerous parabolic" and "Mania" was rampant.......... ......and just recently on this board i promised that those words will again appear in this mother of all bull markets.....

[Russ]

Did some more work on this chart, the top uptrend line is likely going to cause a strong retracement, could be in the next few months but the longer term trend - using this oscillator - into 2014 remains from what I can see.