Quote Originally Posted by Xerof View Post
Parabolic moves such as seen here are destined to crash, the hard part is finding the tipping point.

had to laugh though, I heard Chinese officials are hunting down the local funds that are shorting the snot out of the SSE (they will be charged with economic treason and shot I presume)

then I heard they also lifted the requirements on margin calls, (so investors might stop selling!!)

now I hear they will set up a 'stabilisation fund' to try and turn the market around.

TA shows no real support until ~ 3200/3300 on the SSE, but it'll do whatever the authorities want it to do I guess
Do you really think chinese stocks are to expensive ?
I think US stocks are several times more expensive. Specially if you look to balance sheet. LArge amounts of "GoodWill" and other bull****money. Poor of Cash flow, now growth, expensive management.
I tnelief chinese authorities are trying to protect the companies against short seller manipulation.

Here is tool where you can see US listed chinese stocks. Do you think they are expensive ?
http://finviz.com/screener.ashx?v=11...china&o=ticker