This has been a great week. One week away from Chinese New Year and the Dragon roars. After a minor correction early this week, the chinese market rallied upwards to a fantastic closure.
I bought into DWS China Ety at the beginning of the week at $2.15. At mid week, the price was at $2.10. By today, it was at $2.19. I expect such volatility to sustain till after Chinese New Year; due to profiting taking and inactive trading right before and during the festive period. Hence, those with week heart are advised to stay away. :)
I am actively looking at the european funds at the moment. Would provide some update before the end of next week. In the meantime, I wish everone a Happy Valentines' Day!
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Friday, February 9, 2007
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