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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (597)	5/20/2008 2:29:16 PM
From: Perspective	Respond to of 3209

Yeah, so? <G> What do you think of those charts? Am I a fool to read the moves off October 2007 as impulsive in FXI, $SSEC, LFC? Seriously, don't you think the incredible moves in emerging markets present some compelling opportunities for correction? SSEC has a 6-fold move on that chart, LFC a 10-fold move, and all the classic signs of mania within the Chinese public. Similar moves in India and Indonesia: A component of that was the dollar weakness; if we really get into a global downturn, I would think it would coincide with a dollar rebound which might even add to the pressure on these issues. `BC