ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Tuesday, April 10, 2007

 

is it time to short china?


from mike panzner via big picture:



one of my most vivid memories from the nasdaq bubble was the frequent overlaying of the composite price pattern with the japanese nikkei leading up to the 1989 disaster and the gold mania that peaked in 1987. markets prices are fractal systems driven by repeating patterns, and there is a pattern here that should command global attention. this page has made previous mention of the raging chinese asset bubble, and already warning shots have been fired across the bow. this pattern in combination with anecdotal evidence of bizarre and rampant consumer speculation may very well mean that it's high time to get out.

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