China's Stock Mania, page-21

  1. 2,076 Posts.
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    just as well I did close my short bids last week, the china A50 has now strongly broken its resistance level which suggests the beginning of an uptrend ..... it is currently still 50% below its high in june (which I believe was a crazyilly high level) so I am making a very low bid - long ...... getting sucked in here as this market is the most unpredictable, so keeping my bids at the extreme margins of the trading channel ......

    the thing with chinese market, there is no such thing as a reasonable valuation, just hype and manipulation.......

    gk
 
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