Shanghai up yet again.....50% in 3 months!!!

[vansmarket]

shanghai bubble is like US 1999.

Quote from S2007S:

new highs every single day.

4000 to 6000+ in the last 3 months.

50%!!!!!!





SSE Composite Index (Shanghai:000001.SS) Edit
Index Value: 6,085.17
Trade Time: 10:23PM ET
Change: Up 55.08 (0.91%)
Prev Close: 6,030.086
Open: 6,056.946
Day's Range: 6049.35 - 6124.04
52wk Range: 1,753.49 - 5,959.36

 

[Poole]

well, why wouldnt the chinese bigwigs do everything in their power to keep the ball rolling until the olympics?
where they can showcase their perfect world?

they have the reserves to do it too......

its only 9 more months

I'm lucky i didnt short the chinese market, I tried to short it when it was 3000.

I still want to short it but have no idea how anyone can pick an entry. Wait for a double top on the weeklies would be my only guess (if that even happens and it doesnt just massively implode with no warning one day)

 

[Bowgett]

Quote from suriNotes:

Bombay SENSEX Index (Monthly) Chart

regards,
Suri

Use log charts...

 

[Bowgett]

Quote from kiwi_trader:

HSI (having, of course, made new highs, nearly reaching 30k) just dropped over 750 points in 30 minutes.

not a big deal. It is down -59.97 (0.20%) so far today. Everything is gooood.

 

[Bowgett]

Quote from S2007S:

new highs every single day.

4000 to 6000+ in the last 3 months.

BTW do not forget that it is communism there in China. If it starts falling too fast then Politburo can just fix it at 6000 like they fixed prices of some other commodities. or better yet create a peg to S&p 500 like they pegged yuan to dollar

do not count on any crash

 

[midlifeguy]

I think KONG, CDS, NINE, SEED could all start running here soon....possibly RCH.

Once they move, they move $5 clips......

 

[nidarian]

Anyone knows or trusts a chinese or indian broker ¿¿ you have to be insae to trade these markets.

 

[detective]

Quote from midlifeguy:

I think KONG, CDS, NINE, SEED could all start running here soon....possibly RCH.

Once they move, they move $5 clips......

In your dreams. Those are all turd stocks that are the lowest tier China plays, the worst China plays come to the US in the form of reverse mergers with headquarters in the Caymans or BVI. Those are sucker stocks.

 

[midlifeguy]

Could be BUT
NINE and KONG have nice cash balances....
SEED was just named best under a Billion.

Quote from detective:

In your dreams. Those are all turd stocks that are the lowest tier China plays, the worst China plays come to the US in the form of reverse mergers with headquarters in the Caymans or BVI. Those are sucker stocks.