Is China breaking out or is this a wave 5 ? I don't know but wanted to post the charts.If we are heading into a deflationary environment,which I believe,this would not be bullish for China.There is a good chart on China on ApartofNY's blog .Hong Kong may be accelerating into the 6 month cycle from the April 12 high,which also makes me mistrustful.
Monday, 11 October 2010
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