Quote from john12:
its not just china its mexico 16k-30k in 8 months and brazil 32k to 47k in 8 months or india. its been a huge emerging market mega bubble. many markets up 4 and 5 times since 2002. were hearing the same excuses as naz 1999 like unlimited growth as far as the eye can see. we know the ending
mexico and brazil continue to move higher.
Both at record highs.
A move from 32,000 to 47,000 that took 8 months could easily be gone in 2 months if there is a serious correction.