shanghai, another record high, up 22 out of 26 days!!!!!!!!!!!!!!

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S2007S

SSE Composite Index (Shanghai:000001.SS) Delayed quote data Edit
Index Value: 3,319.14
Trade Time: 3:00AM ET
Change: Up 27.60 (0.84%)
Prev Close: 3,291.542
Open: 3,286.163
Day's Range: 3259.63 - 3326.92
52wk Range: 1,389.35 - 3,292.58



:eek:
 
Nearly every market continues to make new highs once again brushing off FEB 26/27th as if it never happened. I think its been forgotten by many, however I believe the chance of a correction in the markets is getting high once again. Most of the emerging markets are looking extremely overbought to the point where if they were to sell off 5%, 10% or even 15% in a week or two SHOULD NOT be a surprise to anyone, especially the talking heads over at CNBC. ITs one of those selloffs they will tell you, you should have seen it coming AFTER THE FACT IT HAS HAPPENED. Why not look at it now and realize that maybe these markets are just a bit overbought and need a correction before moving up another 30% once again. I believe some of these markets are due for an easy 20-40% drop.
 
My forecast is Dow will reach 100 000 in 5 years
Hyperinflation - Ben lost control - he prints money as crazy

Look what happens in Zimbabwe. US will be the same in 5 years
 
Quote from kashirin:

My forecast is Dow will reach 100 000 in 5 years
Hyperinflation - Ben lost control - he prints money as crazy

Look what happens in Zimbabwe. US will be the same in 5 years
More...

If you are correct and I for one think your scenario is quite possible then Gold should be a staple in your portfolio.

:D
 
Quote from kashirin:

My forecast is Dow will reach 100 000 in 5 years
Hyperinflation - Ben lost control - he prints money as crazy

Look what happens in Zimbabwe. US will be the same in 5 years
More...


certainly possible.

Hyperinflation... :eek:
 
all bears are dead or wiped out. mexico,brazil,china,russia 100% 8 month moves on top of 6 baggers since 2002 and the world has no alarm. china could drop 20% and its only back to were it was in dec. these runs are as great as the naz 90's run but the difference is were talking about 20 markets. bears basically have been stuffed for 4 years now with a few 1 month selloffs.since july of last year or 9 months ago we've had 1 1 week seloff only. its been amazing no risk times for longs.bad econ news has been ignored for 9 months and the little good news is embraced. earnings est's have collapsed from 9% for this qtr in jan to 3% now and yet the market could care less. when the market cares about things is unknown to all
 
Quote from hedgeking:

all bears are dead or wiped out. mexico,brazil,china,russia 100% 8 month moves on top of 6 baggers since 2002 and the world has no alarm. china could drop 20% and its only back to were it was in dec. these runs are as great as the naz 90's run but the difference is were talking about 20 markets. bears basically have been stuffed for 4 years now with a few 1 month selloffs.since july of last year or 9 months ago we've had 1 1 week seloff only. its been amazing no risk times for longs.bad econ news has been ignored for 9 months and the little good news is embraced. earnings est's have collapsed from 9% for this qtr in jan to 3% now and yet the market could care less. when the market cares about things is unknown to all
More...


agree.....
 
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