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Roger Nusbaum submits: Blowing off? I don't know.

This chart of iShares FTSE/Xinhua China 25 Index (NYSEARCA:FXI) is just a one month look and it is up 20 points. Zoiks.

I have owned this one personally for a long time and admit I don't know what to make of this.

One thing I have mentioned several times before is that in a given quarter you don't necessarily know where "alpha" will come from, but if you are diversified you don't need to know ahead of time.

FXI 1 Month Chart 29 12 06

Source: Chinese Stocks -- Blowoff Top or Just Warming Up?