<<<"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????????