Tuesday, June 14, 2011

China & Gulf States ETF

China and Gulf States[Arabs] is this going to be where the play is going to be ?
Some sort of Wave C advance

Critical target for MES the Gulf States ETF is $25
Critical target for FXI : China ETF is $45

Fundamentally liquidity is flowing into these 2 areas.
China in a weird way. As economically. Goverment is tightening money supply
However Hedge funds are pooling and providing liquidity as far as equities is concern.
And who knows what news might come out.

Gulf States is flush with money.
Oil money. Aid money. Islamic money.

Watch this space.
Let the chart and prices tell you when to move.


No comments:

Post a Comment