I’M GOING CHINESE
There are some opportunities to be had in the Chinese stocks. Everybody is running scared with the specter of John "I am Jesus" Paulson getting hit due to an investment in a supposedly legitimate Chinese company. This has called into question ALL Chinese companies. Whenever ALL of anything is called into question, opportunities open themselves up. Fear has a funny way of making otherwise smart people do stupid things.
It has happened over and over again over the past 11 years. Internet bubble, financial crisis, real estate crisis. Over and over again we have seen the herd dump stock in the face of fear and ask questions later. If you can pick through the fear and determine what is good, then you win.
I am looking at a couple Chinese companies for a trade. I will more than likely initiate one tomorrow morning. I will post a Trade Update once I do. I believe a lot of the Chinese companies are setting up for an epic short squeeze. I plan on assisting in the beatdown of whatever short sellers want to play at these levels.
