Monday, July 27, 2009

China Play?

Oops, I realised from the impressive gains and volume in China Stocks like China Fish, China Energy, China XLX, that China play is finally in town.

I look through the charts that can safely say most Sino-stocks has run, so no point chasing. The only chart I like is:

ChinaAoil

Mood Levels: 1.06, 1.15, 1.20, 1.25, 1.32


Be cautious when dealing with China stocks, 5-6 of them already suspended. For me only, Yanlord, ChinaAOil, Cosco and YZJ can play. I have found out that COSCO is not a suitable galfriend at all, so not even watching it.

Get as near support as possible and set cut loss/profit at near them.

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