| The Shanghai Composite Index (^SSEC)
closed on May 9, 2007 at 4,013.09, a 239.82 percent increase since
January 3, 2006. How much higher can Chinese stocks go? No one knows
for sure, but these stocks are on the third major stage of their
multi-year upside. Stocks often make three distinct upside moves
before they peak.
Chinese stocks are very speculative so be careful with them.
Related Articles:
Chinese Stocks Are Topping Out
Chinese Stocks Resume Upside
Price Patterns
- Resistance Levels Are Barriers to Price Upsides
Price Upsides
Often Occur in Three Stages
Posted May 9, 2007.
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