tag:blogger.com,1999:blog-33878430.post1431735039132539711..comments2024-03-12T02:43:06.173-05:00Comments on The Market Speculator: China's Chart Give's a Clear AnswerThe Market Speculatorhttp://www.blogger.com/profile/15108816250543774083noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33878430.post-74159113176413529402008-11-11T20:23:00.000-06:002008-11-11T20:23:00.000-06:00I wouldn't short this at all. Look at that capitu...I wouldn't short this at all. Look at that capitulation vol. Look at that RSI comming up. Look at the potential V bottom. <BR/><BR/>May be later but not just yetMAX2205https://www.blogger.com/profile/08709578556412865901noreply@blogger.comtag:blogger.com,1999:blog-33878430.post-4475172828541610732008-11-11T09:43:00.000-06:002008-11-11T09:43:00.000-06:00Tradewell,I am looking at nothing more than the FX...Tradewell,<BR/>I am looking at nothing more than the FXI chart.The Market Speculatorhttps://www.blogger.com/profile/15108816250543774083noreply@blogger.comtag:blogger.com,1999:blog-33878430.post-14212371411027195842008-11-11T07:21:00.000-06:002008-11-11T07:21:00.000-06:00Paul,I see 2 problems with this:- FXI is a derivat...Paul,<BR/>I see 2 problems with this:<BR/><BR/>- FXI is a derivative, so while demand for shares may increase in the U.S. this is not a reflection of how Chinese charts are actually doing , volume-wise<BR/><BR/>- Do you look at macro-economics at all? Seems to me they will be hit hard during this recession.<BR/><BR/>Of course, if your time horizon is a week for a swing trade, none of this is a tradewellhttps://www.blogger.com/profile/04916916390429319958noreply@blogger.com