I don't know if this matters but The Shanghai market is closed all week while these incredible gains in China stock is going on. The Bubble in the overseas Chinese markets shows no signs of abating, as last night the Hang Seng closed +3.9% and H-shares leapt 5.6% amid a broad-based rally (Shanghai is closed all week for a holiday).......
Well does that make Monday a massive sell day? Lock in gains or will The Shanghai exchange just open with a huge print of all this weeks movement??... no idea how things work over there- just thought I would point out this interesting point.
My own view is these stocks are close to cracking.
~ stoney
Well does that make Monday a massive sell day? Lock in gains or will The Shanghai exchange just open with a huge print of all this weeks movement??... no idea how things work over there- just thought I would point out this interesting point.
My own view is these stocks are close to cracking.
~ stoney