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roguedolphin

04/20/08 3:04 AM

#99975 RE: networm #99974

<<<"cl001, I also think Shanghai index is close to the bottom">>>

Bulls everywhere on China(all over the boards that I've seen)!.....I've never really seen too much of that ever before at "real bottoms" of bear markets.

Sure we can get a rally(maybe even to your 4200 level??).... but this bear isn't over in my opinion.

I still think the Chinese Yuan currency offers better risk/reward here......

.....maybe even possible forthcoming "news" on that front(Chinese/US$$) may play a role in the FINAL bottom in the Shanghai market???

How will that Shanghai market(and world market participents) like and react to a "possible" drastic revision of the Chinese Yuan/Remnimbi versus US dollar exchange rate????????