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klevera
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Klevera is a self-taught investor. Currently, he is attending college in New York. He found enormous interests in financial market as he witnessed the rising commodity market, financial turmoil, and currency market. Currently, he deals with equity markets but he plans to extend his circle of... More
  • Is China indicating RISK-OFF? 0 comments
    Nov 21, 2010 9:15 PM
    The most annoying, but crucial question in the investing is "What's next?"
    Often times, we focus on world equity indices. 
    These days the Chinese equity index is considered to be the crystal ball for everything such as S&P, currency, and commodities.
     
    After the monster run from the summer, Shanghai Index looks breaking down.
    As you can see, Shanghai index falls a little earlier than SPY by just few days.
    Tonight, Irish bail out news is fueling futures to at least 0.5-1% pop for mutual fund Monday but Shanghai is down about 0.9% now. We shall see the crystal ball works this time again. 

    Disclosure: Long TZA
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