Watch this. This guy's got Shanghai street cred. He says he is witnessing Chinese students put their TUITION MONEY into the stock market. One of these links should work: Can someone link it? It's from Bloomberg Video. It won't let me link the video. http://ads.blp.valueclick.net/cycle...=1;hcat=TVO9;kspd=200;msizes=2x200;bso=listed
The problem is you got the Beijing Olympics on the backdrop. Do you think the government will let a stock market crash happen before then?
That's nothing. If they start walking the street for money to buy stock, then that would get my attention.
Here's a link to a related article by Xie. ANDY XIE: "Fit to Burst" - http://72.14.253.104/search?q=cache...8124.htm+"ANDY+XIE"&hl=en&ct=clnk&cd=94&gl=us
Bubble? What bubble? Shenzhen Index - http://stockcharts.com/h-sc/ui?s=$DJSZ&p=D&yr=1&mn=0&dy=0&id=p49548694788&listNum=12&a=54973238
BCA Research - China: No Major Macro Risk - http://www.bcaresearch.com/public/story.asp?pre=PRE-20070416.GIF