Discussion in 'Trading' started by Gaucho MM1, Feb 6, 2007.
from a private message I sent on the 3rd Feb 07:
anybody see a significance in todays action ?
I don't see much significance...why can't some other market lead, eg. Shanghai or Nikkei?
I see this...
all emerging markets are overbought. They have had quite a run. Look at EEM, another 52 week high today above 116. This thing needs to take a breather very soon. I think 100 is possible by May/June.
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