realestateandothersmentioneditacoupleoftimes,Ipostedthechartonthisoncebefore,
smallfloat,riskyplay,
remindsofOMNI,whichhitaconsolidationband3timesbeforebreakingout,
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gowiththewind,tailwindthatis,[
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yesterdaywehadneardeathkindoffear,(seeCMEchart...andIwasshakedoutofSNDK...)
imhotherewasnotenoughtimetocreateenoughgainonthemarketleveltodoadistribution,
givethebullrunsometime,say,FridayorMondaymorning,2230--2245withacoupleofgapsontheway,...
wouldn'tthatbenice?
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beatenbythe30-dayMAline,downbutnotout,[
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justsomequickcalc,YHOO/EBAY,1/3ofearningINTC,21%ofearning,inyahooandebay'scase,justtheoptionpart,companyemployeeincludingmanagementspitthecompanyincomewithallshareholders1:2,notincludingthesalary,bonus,expensereimbursement,andthesharestheyalreadyholdwithexercisedoptions,thedaysthatthewholemarketwillsponsorthosekindofcompanies,byrewardingextraordinaryvaluation,isgonefartherandfarther[
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individualstocksmightgoupanddown,butasanassetclass,Chinesestocksaremust-have,nomatterifyouaretogoornottogobackinpersonreasonisbeyondobvious,Chinaisthecountryrightnowthatiscreatingthebiggestincrementalphysicalwealth,thetrickofcourseistomakesureyourinvestmentcanendurethetestoftime,theeasiestthingistobuyFXI,thethingthatmakesgo-or-not-go-backchoicedifficultisthatwhileChinaisproducingthebiggestwealthin...[
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(sawonyahoo'sFMCNboard,interestingtosaytheleast...notsureaboutJRJCthough,doesn'tseemmuchroomtogodownthere,havefun)Top10Chinastockstoshortby:chinafirsthand07/11/0612:27amMsg:45061of45073InvestinginChinaislikeinvestingintechstocksduring1990s.Sure,therearealotgoodcompaniesandsomegoodstockstoinvest.But,inthesametime,therearesomebadcompaniesandalotovervaluedstocksthatareworthshorting.Hereismytoptenlist...[
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