I am a big admirer of the smart posters on this board, joe, csf, tf, etc. btw, this jeannie guy/gal seems to be a new avatar of wilco, over in the cmtp board.
anyway, what i want to say is this: this correction in china small caps reminds me of the huge correction in internet stocks in oct 1998. once the correction was over, all the internet and tech stocks(some good, most junk) had the run of the lifetime. hold on to these stocks, because all this cleansing is done in preparation of november earnings month. i don't think A SINGLE COMPANY IN THE BIGGER PORTFOLIO WILL DISSAPOINT.
look at it this way: the first chinese stocks to run were bigcaps, bidu, lfc, edu, etc. now it is the small-caps time to go to its fair value, and possibly overshoot.
the only caveat is if this entire market run is a mirror image of 1930's or nikkei in 90's. i don't believe it, but if it is, then all of us will be poorer, so it balances out.
