China, the next Vietnam ?

This past week saw the biggest drop of Shanghai Stock index for the past 13 years. Closing at 2868.80 , or down 13.84% this week, Shanghai stock index is 53.15% lower than its peak value on Oct. 19,2007. While the stock market hit most the relatively wealthy people of the country, the inflated food price/living cost have endangered the life of low-income people . Will China be the next vietnam ?


(attached is the weekly chart of Shanghai Stock index from 2005)

 

extra note:


In China, by default the rising candles are in red color and droping candles are in blue or green color, this is different with the habits of charting softwares in US, Europe, etc.

 

I hope so, it would be the buying opportunity of a lifetime

 

With the US consumer tapped out, it could be a while before China bounces back in my opinion.

 

Could explain the Shanghai sell-off's of late

 

Anyone can post a chart of Vietname stock index ,or advise where can find one £¿ It will be interesting to make a comparison

 

Vietnam

http://www.bloomberg.com/apps/cbuilder?ticker1=VNINDEX:IND

 

Not to hijack the thread, but anyone have any idea how to invest in vietnam besides vtovf.pk? MAPIX allowed to but its a multistrategy fund.

Back to topic - SSEC under 3000 is looking yummy. Waiting for a nice sell off in CAF to get back in at a sweet discount.

 

u don't want to invest there now. it was booming like mad, but over heated, and now going the other way. Wait awhile.

 

I think red color for the rising candles is for the reasion that Chinese like red color too much , there national flag is in red color