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To: Les H who wrote (18255)	4/30/2010 9:49:02 AM
From: Les H	Respond to of 29604

COTD - IShares FTSE/Xinhua China 25 Index For some perspective on one of the more important global stock markets, today's chart focuses on Chinese stocks and presents the current trend of the iShares FTSE/Xinhua China 25 Index (FXI). As today's chart illustrates, Chinese stocks have endured what amounts to an extremely wild ride since 2005. The FXI trended upward at an ever accelerating rate (i.e. parabolic) from 2005 to Q4 2007. As the credit bubble began to unravel, so too did Chinese stocks with the FXI trending downward at an ever accelerating rate from Q4 2007 to Q4 2008. Beginning in Q4 2008, the FXI surged -- gaining over 140% trough to peak. Recently, however, the FXI has pulled back and is currently undergoing a serious test of support (green line) of its post-crisis trend channel. chartoftheday.com