“paranoid on April 18, 2008 – 10:52pm.
Chinese investors are in the process of capitulation. i think the intermediate term bottom will be around 2900 to 3000 for the shanghai index. so i’m going to increase my investment once it touches below 3000.”
My call on this one is pretty good. the shanghai index touched 2990 on april 22, and turned around since, and has gained more than 23% in 6 trading days.
