Hangseng Leadership...

Quote from ASusilovic:

Long HSI 17183.00, target 17618.00.
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Hum...we shot over my target...proceeds go into European session...FDAX, FTSE, CAC 40, Eurostoxx crying for some further upward movement, although we ready for some pullback...:)
 
I have noticed this for a while now, and my thoughts on the matter is that the Chinese economy was not tied down as much as the US was with our socialist bailout practices. These kind of bailouts have a history of stifling recovery and prolonging recession (aka Japan's lost decade). It seems natural that China would not only come out of recession faster, but give leadership for the US.
 
Quote from showyouwang:

I have noticed this for a while now, and my thoughts on the matter is that the Chinese economy was not tied down as much as the US was with our socialist bailout practices. These kind of bailouts have a history of stifling recovery and prolonging recession (aka Japan's lost decade). It seems natural that China would not only come out of recession faster, but give leadership for the US.
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It will end in a gigantic "KAWUM", But now now.
 
Over the weekend I read that Chinese bank lending rose 300% year-on-year in the first quarter. The bulk of this has gone into the stock market and an ongoing real estate bubble.

China is going to be one roller-coaster ride. Hang Seng offers great exposure for those that want levraged exposure.
 
Quote from ASusilovic:

Yes, stopped. I had just this short idea today. Plain wrong. :(

But hey, tomorrow is a new day ! :)
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cant win them all ! market continues going up on perverse reasons so i guess will see more of higher prices....

1 day at the time. :cool:
 
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