Tuesday, December 28, 2010

China Keeps Falling US Keeps Rising

China is being ignored here because it is the year end and it is a time when money managers hanging on to catch every last inch of the year end rally.  It is interesting to see the crowd bullish on commodities while Shanghai is getting whacked, performing as one of the weakest equity markets in the world this year.  All is quiet now, but we should get some stirrings next week.  The weak bears are mostly out.

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