Friday, May 4, 2007

Overheated Chinese index


Market cap. companies traded on Sanghai stock market is 2.6 times bigger than 1 year ago. SSE Composite index gained 156%. February's "sell off" didn't hurt at all.
I see high posibility for similar sell-off in coming days. It can be trigger by lot of sources. Either geopolitical situation in China or american slowdown or commodity's bubble.
China is for sure "Short of the year"

Comments

8 Responses to "Overheated Chinese index"

OptionPundit said... May 7, 2007 at 1:41 AM

HI Vlada,

We may get some indication this week as The Chinese and Japanese returns from Holidays, called "Golden week holiday". Last years sell-off was triggered around the same time as well.

Nice blog, hope to pick-up insights about czech market.

Profitable trading,
OptionPundit
http://www.OptionPundit.net/

Vlada, Czech Republic said... May 7, 2007 at 5:22 PM

Thank you OptionPundit,
I see also downsite risk more than upsite.Have you experienced to trace some czech or eastern european financial products?

Vlada

OptionPundit said... May 7, 2007 at 5:34 PM

no, never that's why hope to pick-up some insights from you.

I am mostly into Options trading but do trade stocks as well.

Profitable trading,
OptionPundit

Vlada, Czech Republic said... May 7, 2007 at 5:50 PM
This comment has been removed by the author.
Vlada, Czech Republic said... May 7, 2007 at 5:51 PM

I've started to trade czech futures 3 months ago as it is new instrument on czech stock exchange. And surprisingly commissions are only 2$.
Also I see markets like czech, romanian, bulgarian, croatian with highest potential.
For sure, I'll publish what and how I trade.
btw, your web is very good.

OptionPundit said... May 7, 2007 at 5:58 PM

Thanks for the kind words, feel free to add me to your blogroll if you think your visitors may benefit.

I have extensive collection of toolbox as well under OP's toolbox that your readers may find useful too.

Thanks and have wonderful profitable trading,

OptionPundit

Vlada, Czech Republic said... May 7, 2007 at 6:55 PM

I've just included your URL to my links page element. If you want you can list also my link on your web.
I wish you successful trading

OptionPundit said... May 7, 2007 at 7:14 PM

Thanks Vlada. I couldn't find your e-mail, can you pls e-mail me at

optionpundit@gmail.com

so I have your e-mail address. I am planning for a blogging campaign and will share the details with you.

Profitable trading,
OptionPundit