Trade the Cycles

Sunday, June 22, 2008

The Crashing China And India Stock Markets

Some gold writers harp about the US's problems, and, suggest that Asian powers such as China and India are taking over from the US as world economic powers. Check out China's Shanghai SSE Index, see http://finance.yahoo.com/q/bc?s=000001.SS&t=1y&l=off&z=l&q=c&c=, and, the India ETF, see http://finance.yahoo.com/q/ta?s=INP&t=1y&l=off&z=l&q=c&p=&a=&c=, and see that China's Shanghai SSE Index is down well over -50% in the Cyclical Bear Market that began in October 2007, and, India is down about -50% peak to trough in the Cyclical Bear Market that began in January 2008.

Ignore the bogus noise of many gold writers, who can't get a clue to save their lives, or, they're corrupt mindless self serving pumpers.

The US is in a deflationary bust, along with most of the world, which is why gold very likely entered a Wave 2 Cyclical Bear Market on 3-17-08.

.......http://wwwJoeFRocks.com/ .

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