SOS China Mania!

According to Peter Kendall, co-editor of Robert Prechter in the ElliotWave newsletter, said that Shang highed stocks mania will end up like the Tulib Bulbs Mania, South Sea Company Mania, DJIA in 1922 to 1932, NASDAQ in 1983-2007 (not ended yet), Nikkei 1949 to 2007 (not ended yet), and DJIA 1974 to 2007 (not ended yet). All mania end up lower than the 'Start' of the mania. For DJIA in 1974 is 1000 and hit the high of 14,000 in 2007. Now look as Shanghai, there are more to come.

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Google for Peter Kendall, you may find his analysis interesting. China will not be an exception. However, one think they did not cover is UK, Russia, Latin America and Europe, I wonder if there are any manias over these continents, or it is not big enough to be stated. So for all those that "over" bullish of China, be cautious, that does not mean you cannot invest in quality stocks and still make money in the long run"