IBG Classic Stage 2 bullish pattern, page-79

If we are to talk economy specifically Chinese, the real concern is for China to become another Japan. Although the Chinese appeared to have learned from past Japanese mistakes.

Talk to any business people in China, they will tell you how difficult it is to do business in China now. The good old days are gon. The only way for China to continue it's current pace is by deregulation. The empty apartments or whole cities are a direct result of the bureaucracy dictating what can or can't be built. At the moment, the idea is to build the top end apartments which most Chinese could not afford, plus their hukou syste, corruption and etc complicates thing further.

The ** between zinc and iron ore is due to the heavy government intervention. But will be interesting to see how long or how much more the Chinese government can continue with it's present course with their current policy.

I won't be surprised if there is a second coming in China