Wednesday, December 5, 2007

BEST WAY TO PLAY with CHINA


FXI, its up 74% for the year and going higher. Tell me what you think, a lot of people who have been to china, like Buffett, not Jimmy Warren think its going gangbusters and going higher. I was there last year, and let me tell you, I have not seen anything like the expansion going on there. I love China, CEE and ME & AFrica, and Brazil.

3 comments:

Mike said...

Check out CFSG, YTEC and SDTH. Three terrific China stocks with great fundamentals. I own the first two and used to own SDTH (will look to buy in again).

Long term these should have great returns due to very solid fundamentals. One can trade them as well as they make big swings in short order.

Good luck.

prudentstockinvestor M.D. said...

Hey I have been a punching bag for risky investments in the past, i'll stick to the baskets. I did have CHL earlier this year for a double. But I have a lower risk affinity at this time.

Mike said...

CHNR was the China stock to be in today. Up 70% on no news:
http://finance.yahoo.com/q?s=chnr

About Me: Disclaimer

$BPCOMP

$BPCOMP
Extremely Oversold

Regarding Chart: BPCOMQ

This is the lowest close seen in years, usually a sharp and violent rally follows these moves enhanced by short covering, this is no time to short and start making a shopping list.

Bear-ly Hangin" In dustrials

Bear-ly Hangin" In dustrials
Dow Graph: 11/20/07
The Dow looks like its fighting for its life here at the level. It's no surprise there was a vicious bounce off the trend line as shown in the chart. Unfortunately, the last time we had that five hundred point reversal day was caused by the Fed stepping in, there has to be a similar event that helps the market or there is more pain ahead. The Fed minutes said nothing the market really liked, we sold off hard and bounced back hard as we hit support. This was just a reflex rally we may have to get one more really painful selloff to get around 12500.