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Post# of 94785
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derek2000

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derek2000

Re: researcher59 post# 65398

Thursday, 12/30/2010 9:13:49 AM

Thursday, December 30, 2010 9:13:49 AM

Post# of 94785
Chinese sector

... is red hot now. Ironically it is purely due to mining companies such as XING, SHZ, and CHGS.

Yesterday USChina Index (tracking 215 companies on big boards) increased 3.3%, the best performance of 2010.

I think we on this board are having a skewed view of things. Many start shorting as soon as some tickers print a PE barely above 5?

Whoever shorted CHGS yesterday is at a 70% loss this morning pre-market. I wish I can say the same about CCME and other boards favorites.
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