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, Random Roger (150 clicks)
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Roger Nusbaum submits: The Chinese market had a 5% decline on Wednesday. It is has had a few big one-day drops of late. It kind of feels like that market is tired, so this could be a time for some patience.

I don't think the long-term theme has changed at all, but if you think about China for the next 20 years there will be a ton of growth, several nasty corrections, and a crash or two. Things are different in China than they once were, but that does not mean it will go up 50% per year every year for the next 20 years.

It makes sense to think there will be excesses of all sorts causing fantastic booms and busts. This is a guarantee. I certainly won't be the one to time this, but if you have exposure and you are up a lot, you should probably trim some back if you have not already done so.

On a different not there is a list of so-called top blogs that originated on a site called Valuwiki. Then Barry Ritholtz picked up on it followed by Chairman Maoxian.

This is always an interesting and curious exercise. Based on the lists, I'm not sure what to conclude about how the blogosphere is evolving. Hopefully readers find utility with these. I have a bunch of blogs that I have RSS feeds, for but the email service that Inveslogic provides is a big help too. They, as with all of the aggregators, find the blogs for me -- which is a great time saver.

Source: China: It May Be Time to Take Something Off the Table