Replies to post #212 on China-Biotics, Inc. (CHBT)

[viking86]

Look at another comparison of 2 seemingly unrelated stocks, CNAM and PUDA (except they are both commodities stocks). If we plot CCME and CHBT which are non-commodities stocks on the same chart, I think we will see also a fairly good correlation.

What this means is that the old saying "a tide lifts/sinks all boats" sometimes overpowers the merits/differences of individual stocks at least wrt to large price fluctuations (>40% or so) while smaller fluctuations (<20%) will probably be determined by the merits and fundamentals of individual stocks. But there are of course always exceptions like SIAF or BORN.