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Strategies & Market Trends : China ETF - FXI -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (89)	5/29/2009 12:03:40 AM
From: Norrin Radd	Read Replies (1) \| Respond to of 105

I don't think our market necessarily "followed" theirs, only that their recovery started sooner. As far as a correction goes or a retest of the March bottom, that would not surprise me and I hope it happens because I am positioned to take advantage if does. I raised more cash in the last couple days. If our market falls, all others will too. There is an old saying "Sell in May and go away." We'll see... But many, many stocks are still wildly undervalued IMO. There is a lot of money on the sidelines ($4 Trillion) in entities that have to date underperformed. If the market holds, then at some point they will get stampeded into the market in an attempt not to underperform for a second year.