china still chanelling, page-5

thanks for the explanation chart of cup and handle, but what does it mean ? cup full so it needs a handle/cup about to be emptied/cup half full/half empty ? does it always go up after a cup and handle or where does it go ?. does it matter if the handle is facing the other way or is that okay for left handed people.

in relation to your pictorial reference using the sprouting plant analogy, I think this chart would be suitable for "Andrew's Pitchfork" technical analysis tool, which draws three lines at a parallel inclination :)

not a T/A expert here, so opinion only.

Re China lately, they recently amended rules similar to those recently amended in Australia that requires banks to hold greater cash reserves :)++ . For China to sustain the internal growth they have heralded, they either need to keep printing and rely less on the rest of the world, which is likely given that the rest of the world cannot afford to pay its debts to China atm, or scale back their plans of moving 400 million to the cities in the next ten years. It appears to me they will be running too fast and in danger of tripping over at that rate of infrastructure growth and social movement. Short term I think they will keep printing plus the price discrepancy with goods from China will start to change more rapidly than we have seen so far.

ifandwhen