I don't know if this matters but The Shanghai market is closed all week while these incredible gains in China stock is going on. The Bubble in the overseas Chinese markets shows no signs of abating, as last night the Hang Seng closed +3.9% and H-shares leapt 5.6% amid a broad-based rally (Shanghai is closed all week for a holiday)....... Well does that make Monday a massive sell day? Lock in gains or will The Shanghai exchange just open with a huge print of all this weeks movement??... no idea how things work over there- just thought I would point out this interesting point. My own view is these stocks are close to cracking. ~ stoney
But won't it then reverse? Of course. Timing wise today is the 2nd and the eliot wave and astrological correction is on the 12th so if China will tip us into the sell off they have to crash after Shanghai opens between the 8th and the 11th. So China will crash between tues and thursday of next week! I can't believe we have figured this all out on ET someone should be paying us big money. Sell China Next Week! ~stoney