Hi Henry, Thanks for the piece. Chinese authorities have begun to approve the application for domestic mutual funds. Mutual funds, by definition, need to buy...
Hello from Guilin China. Price support is from 3415-3199. And we are in that zone of price support right now. I like the market action last Friday, ...
The resistance levels I now expect for the Shanghai Composite are 4021-4051. Above that level resistance lies at 4638-4777. There are no new changes in my...
Brief Comment on Tuesday's trend. The market adanced at the outset on heavy vol. While in the afternoon session profit taking set in. In my view. The profit...
the best estimate now is 3204 - 3176... there are no changes in the investment strategy. suggest accumulating 600030, 600104 below 12. 600690. I am not going...
Hello... the good news is the Low is now in place at 3212 on the shanghai composite index. My favorite stock Citic Broker jumper 3.49% and all the rest of my ...
Hello.... I regret to say. I do not know to what further depth the shanghai indices will fall. True we have positive divergences, and that includes Citic...
Hi Bud, The SSEC had a retracement of roughly 40% from the peak of October. SSEC closed at 3.180, we have to go back to the April 2007 to find this level. Are...
Hello. Thank you for that question. The low on Thursday was 3180. I am saying, I am not certain exactly where the Low price is in this index. I am saying we...
Does the count coming off the April 8 High. On the Shanghai Composit Index. Look like 5 wave down are now completed ???? I will return to USA on Monday. Bud...
Bud, this correction looks a lot like 1992. After hitting a high in May of that year, the market declined relentlessly for six months. Many called that a bear...
The market this morning is acting well. I have been watching the strength in 600030, and even Jiangxi Copper is holding well above the recent low's. I look to...
Hi Bud, Excellent place for a stop. tony http://caldaroew.spaces.live.com/<http://caldaroew.spaces.live.com/> (blog) #1 rated Elliott Wave blog worldwide ...
The long-awaited intervention to prop up the Chinese markets is finally here. I believe there's one more leg down, and then a sustainable rally from there....
http://www.bloomberg.com/apps/news?pid=20601089&sid=aSNJed3nCcls&refer=c\ hina <http://www.bloomberg.com/apps/news?pid=20601089&sid=aSNJed3nCcls&refer=\ china>...
Hello... I have not seen this strong a market advance in a very, very long time. Volume equals Power, and this market now has the power. I wish to thank my...
Hi, Many analists are saying that the leap of 9% is actually a "negative" sign. The high turnover show plenty of investors were willing to sell when the stocks...
Hello.... Yes, I understand your concerns. I also know, there are some very savvy traders in China. And, I also know. There are a lot people who claim to know...
Hello, Thanks Bud for your detailed answer (as always) :) It is very interesting to see how market signals can lead to very different interpretation... I would...
Hello..... Thank you for that question. My reply is. I do not know the answer to your question. The answer to your question might be better handled directly to...
Hi Bud, Some of China's stocks are traded on both exchanges, but they are not yet interchangable. Same as ADR's in the US are not interchangable with A shares...
Hello... I suggest you consider the following idea's. Rule 1. Know if the market is in a Positive Up Trend, Or Bullish. If the market is in a negaitve down...
