Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Monday, June 29, 2009

China Stocks Crazy Rally

China is the greatest economic growth story on the planet... and a marketer's dream: One billion hard-working Chinese people coming on line in the global economy. This enormous potential draws in enormous amounts of hot money from traders... which causes Chinese stocks to boom and bust like crazy.
How much longer will this new run last? Nobody knows. Most China watchers consider the market overvalued. But this is China folks... And as you can see from the huge gain in 2007, when Chinese stocks run, they like to run a long way (Copied from Brian Hunt's Market Notes).

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