Posted by jcomptonod on 13th of Aug 2013 at 07:37 am
Just a Heads Up. Chinese stock indices have been perking
up here lately. Is it the start of something bigger? Could
be. Take a look at a few things first; the indices ETF's:
fxi, caf, pgj, yao.
But if this is truly a bigger run we should be seeing some
leaders and we do. BIDU, CTRP, EJ, DATE, NOAH, MCOX.
Many companies have had nice runs now, and chasing
positions will surely lose your money but I think it's wise to
start paying attention here. Overall the longer term risk to
reward looks better to me here than the US right now. My
worthless .02.
Chinese Stocks
Posted by jcomptonod on 13th of Aug 2013 at 07:37 am
Just a Heads Up. Chinese stock indices have been perking up here lately. Is it the start of something bigger? Could be. Take a look at a few things first; the indices ETF's: fxi, caf, pgj, yao.
But if this is truly a bigger run we should be seeing some leaders and we do. BIDU, CTRP, EJ, DATE, NOAH, MCOX.
Many companies have had nice runs now, and chasing positions will surely lose your money but I think it's wise to start paying attention here. Overall the longer term risk to reward looks better to me here than the US right now. My worthless .02.
john
Thanks
Posted by saf10000 on 13th of Aug 2013 at 08:48 am
Thanks for the heads up John
Steve