MikeMM

China has wandered the wrong path

Short
NASDAQ:HXC   NASDAQ Golden Dragon China Index
The chart looks like crap. There is very little support between here and the red box.

The story:

To have strayed away from the hand that fed them, to turn and bite it.

The old system had an old valuation model.

The new system is unknown, but likely bad news.

America is number one. China will be a lesson to the next country which has the honors of being #2.

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