Tuesday, September 1, 2009

A tale of two markets.....

China and US...

Experts worldwide have been beating the airwaves and stating that US mkt are aloof from the recent corrections in the Chinese mkt. Chinese mkt is small compared to its economy etc.... But the numbers dont lie....

Lets look at the chart below.... Chinese mkts have been leaders when bouncing off the lows before US took off in march.... as also Chinese mkts were first to start the correction when it started in 2007.....



As we enter September, US mkts seemed poised for a material correction getting into the month...

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