Monday, June 29, 2009

Seeing Red

SSECI Daily Chart

SSECI value is now above the upper resistance channel. Do you see red packet (angpow) or red flag (danger) coming? Can this happen?

Are you tired of China's love affair with the USD? I love u not (25 Mar 2009)! I have to love u (31 Mar 200)! I love u not (1 Jun 2009), I love u not (26 Jun 2009)! I love u (29 Jun 2009)! Words doesn't mean a thing. Look at what China is trying to do, yuan/local currency settlement with Malaysia, Hong Kong, Russia and Brazil. Will it be successful? Well, every giant leap must begin with the first small step.

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