IS CHINA THE NEW HOME OF THE PHASE 4 MOMO MONSTER?
This is starting to get frightening. ALL of the Chinese stocks are rallying at once. Either China has developed weaponry that is going to facilitate their takeover of the world by summer or Chinese stocks are the new home of the dreaded phase 4 investor.
If you haven't read my article on phase 4 investors and the valuable information they bring to the market, please click here to get some background on this indicator.
Here are some of the charts of Chinese stocks that came up in my scans tonight of the market:
CCIH
QIHU
PWRD
OSN
MOBI
FUQI
.
KNDI
DEER
DANG
CYOU
CHINA
