A little bit of info about China
An eyebrow raised when I read kdakota's blog post here. If this is true, and the Shanghai market does crash, it could lead to another crash in the US market.
First, just about everything I know about Chinese astrology, I've learned from placemats in the local restaraunt, but the Chinese take this stuff seriously so I went online to see if the year of the ox was a good sign or a bad sign for investors. Apparently it happens to be one of the worst signs. The year of the Ox is interpreted to mean economic struggle. I'm thinking that Chinese investors would try to bail out at the first sign of trouble.
Now for a few articles...Bears Say China’s Economy Set to Collapse3 Arguments for China’s Looming Economic CrashChina's Improbable Economic Growth Figures
Copper On Pigfarms And Giant Lots Of New Cars
China Bubble, U.S. Dollar Top 2010 Risks, Bank of America Says
When you add the fact that a large part of the Chinese population invested borrowed money in the market, this doesn't bode well.
I will be doing a lot more DD on China because if the bears are right, this isn't a trivial matter.
As always I hope this helps.
ps... sorry for the formatting.