Jack Chan:

"Shanghai* is on major buy signal.

This is a very difficult market for most investors.

Prices went parabolic beginning in late 2005 for two full years, then collapsed for one full year, and then spiked up for nine months. There has been no major pullback/correction/consolidation during this entire four year period of roller coaster ride. Therefore, it will be most constructive if this market can somehow go sideways for a few months."

* Shanghai Stock Exchange Composite Index