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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (288859)11/4/2010 12:24:35 AM
From: Les HRespond to of 306849
 
Bears Squeezed in China as Traders Capitulating at Fastest Rate
Nov. 4 (Bloomberg) -- Bears on Chinese equities are in retreat even as bets against the country’s companies exceed those of any of the world’s biggest markets, a buy signal for some of the nation’s most accurate stock forecasters.

Short sales of Hang Seng China Enterprises Index shares dropped to an average 16 percent of equity available for lending from 21 percent at the end of August, the largest decline among indexes in the 10 largest markets, according to data compiled by Data Explorers and Bloomberg. The level compares with a 10 percent average for the Standard & Poor’s 500 Index and 7 percent for the U.K.’s FTSE 100 Index, the data show.

businessweek.com