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
Friday, December 5, 2008
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