Friday, December 5, 2008

Chinese A Shares looking Better

These shares have been performing better as of late.

We like the idea of a long-term under performer, that is showing recent strength. We would also like to see a longer base, which would lead us to think that sellers have been flushed out.

Still it is worth looking at the Chinese A shares. keep this market in mind. Go long once a good base has been established in the chart.

http://bloomberg.com/apps/cbuilder?ticker1=SHSZ300%3AIND

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