Wednesday, October 28, 2009 10:23:19 AM
China indexes look to be bottoming. We will need confirmation, but I expect to see the indexes turn this week.
A good strategy I have been using is to follow the indexes. I trade China Small Caps while the indexes show a rally and then discontinue trading once the trend is broken and they begin to pull back. It has worked well for me so far. Right now I'm looking at oversold china issues.
A good strategy I have been using is to follow the indexes. I trade China Small Caps while the indexes show a rally and then discontinue trading once the trend is broken and they begin to pull back. It has worked well for me so far. Right now I'm looking at oversold china issues.
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