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Monthly Archives: June 2007

Chinese Stock Bubble

Since the Chinese stock market has grabbed so many headlines recently, I thought I’d weigh in. First of all, recall that I wrote about $SSEC in early 2006 and was quite adamant that it had double bottomed at 1000 the year earlier. That was a time that no one wanted to touch Chinese stocks, particularly […]

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Another Look At The XAU Putcall Ratio

If I had to use a single word to describe the actions in gold/silver in recent days, it would have been “painful”. Many gold “gurus” rushed to forecast lower prices Tuesday’s $11 drop (at its lowest point). It behooves us to once again look at the XAU put/call ratio as a contrarian indicator. I have […]

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Last Week In Review

I’m still trying to make sense out of last the stock market decline last week and the bounce on Friday. Clearly global interest rates are on the rise; and the 10 year, in particular, took it on the chin. Its yield broke above a decade plus trend (link). That China has announced its intention to […]

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