Tag Archives: china
Go East, young man
Posted on Jul 06, 2009 by WHC Bassetti.
Napoleon said (among the hundreds of things Napoleon said) When China awakes sthe world will shake. Although we have explored China personally and once had Chinese connections (a fascinating place, definitely go) the Chinese markets are not our area of expertise. But it would be foolish to ignore the obvious opportunities there. What the dangers are we have no idea.
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Chinese rockets…
Posted on Jun 08, 2009 by WHC Bassetti.
Instead of roman candles, Chinese fireworks.
Over the past two or three weeks Chinese stocks have been rocketing upward. We know from nothing about the fundmentals of these stocks, but the chart patterns are inflamatory — or on fireworks.
WE looked at a bunch of them which we point out below.
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Noted technical analyst WHC Bassetti has over 40 years' experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Ninth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.
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