10 replies to this topic

[Rogerdodger]

Terry Laundry is looking for a May top in the US then rally because of how the 55dma has been handled.
However he is more bullish for China until the end of the year.
After all, as he says, they know how to make money without a democratic process.
"They just take 'em out and shoot 'em."

Update for Monday April 6 2009 (Update completed ) See the Daily Chart below

Download MCHFX with T

then listen to the audio file commentary file here.Download TTO20090406
Next update Monday April 13th

[Rogerdodger]

I just noticed that Terry is close to Youmast's prediction below: LINK

[johngeorge]

RD

I was going to buy CAF @ $24 Looking toward a starter position on pullback.

Best to you


[attachment=10516:CAF_MCHF...mparison.jpg]

[Rogerdodger]

Looking toward a starter position on pullback.

They are looking a little toppy s/t.

I noticed that the inverse china fund went from 200 to 20.
There's a pullback!
http://stockcharts.c...4129&r=5372.png

Edited by Rogerdodger, 06 April 2009 - 01:45 PM.

[johngeorge]

Thanks RD Good tip! I am going to keep an eye on FXP. Best to you

[inamosa]

JG I've trying to get into CAF too Would like to get in on some sort of pullback...agree with RD This is a long-term investment Let me know if you spot a good entry or when you take your position Cheers

[mike123]

One of the closed end funds in SSEC I bought last year is already up 35% and still has 30% discount to NAV. SSEC is the leader.

[Rogerdodger]

Note that FXP is Ultra SHORT China. It was a great short at 200. Phil Grande is still saying to look for buying opportunities in the China ETF: FXI.

[johngeorge]

JG

I've trying to get into CAF too

Would like to get in on some sort of pullback...agree with RD

This is a long-term investment

Let me know if you spot a good entry or when you take your position

Cheers

alysomji

When I buy I will post it real time here on FF.

Best to you.

[inamosa]

JG,

I'm looking to enter on a pullback...would like to see us approach $27.45 fib:


CAF is up against strong resistance here