Hi cheemeng,

Yeh, I agree with u tat "we agree to disagree" to exchange views n pointers and warmly welcome it if it is done in a healthy way, thus why we are here to post but wat I detest is those childish, immature, senseless, irrational, lunatic, ridiculous, despicable abuse of the forum.

I am a man of strong upright moral upbringing and differentiate between wat is morally right n wat is morally wrong,  thus I vehemently detest such behaviour.

If a person perceive it as a bad posting, then he should stand out and voice and contribute his view/opinion instead of being a coward hiding behind the screen and attacking. Real cowardice.

Good News for all China stocks! 

China's economy bounces back with 7.9% growth in 2009 Q2
Posted: 16 July 2009 1043 hrs

	Photos 1 of 1 A couple use an automatic teller machine at a bank in Beijing.

BEIJING: China's economy grew 7.9 per cent in the second quarter of 2009, the government said Thursday, in a startling turnaround for the Asian powerhouse fuelled by a massive stimulus package.

Expansion in the world's third biggest economy picked up pace again after growing by just 6.1 per cent in the first quarter of the year, which was the slowest growth in more than a decade.

China's gross domestic product grew by 7.1 per cent in the first half of 2009 compared with the same period a year earlier, the National Bureau of Statistics said.

This put China back on track to achieve its goal of 8.0 per cent growth for the whole year, despite the global financial crisis, however the government warned many pitfalls still lay ahead.

"There are many difficulties and challenges existing in the current national economic performance," bureau spokesman Li Xiaochao told reporters.

"The base for recovery is still infirm. The momentum for picking up is unstable. The recovery pattern is unbalanced and thus there are still uncertain volatile factors."

Before the global economic crisis struck last year, China had experienced double-digit growth from 2003 to 2007.

The government in November implemented a four-trillion-yuan (580-billion-dollar) package in November last year that has had dramatic results.

China's urban fixed asset investments, a measure of government spending on infrastructure, rose 33.6 per cent in the first half of 2009 compared with the same period a year earlier, the bureau said.

Investments in urban fixed assets increased by 35.3 per cent in June year-on-year, according to the bureau.

China's consumer price index, the main gauge of inflation, fell 1.7 per cent in June compared with the same month a year earlier, a further decline from May's drop of 1.4 per cent, the bureau said.

However analysts said inflation could make a quick return and prove a problem for China's economic planners.

The consumer price index grew 5.9 per cent in 2008 but weakened significantly as the global crisis slowed China's economy.

China's industrial output, which illustrates activity in the nation's millions of factories and workshops, expanded by 9.1 per cent in the second quarter of 2009 from a year earlier, the bureau said.

In June, industrial output increased by 10.7 per cent, and by 7.0 per cent for the first half of 2009.

Hi hohokit,

I believe in such thing as "cause and effect", we reap good karma for our good deeds

(be it big or small) but bad karma for our bad deeds (be it big or small).

There is a Chinese adage: "Ren chai chor, tein chai kan", which literally means,

what people do, "up-there" is watching and the day of reckoning will arrive and

those tat do bad deed/s will have their comeuppance.

hohokit      ( Date: 16-Jul-2009 10:51) Posted: So serious "bad" karma ? Just say that they will get stomach-ache or lost a bit of money from trading. richtan      ( Date: 16-Jul-2009 10:25) Posted: Below is my daily chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.   If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd.

Intraday, had broke Monday's high, hopefully close above it to confirm the candlestick reversal pattern and ultimately break above the upper sloping resistance line at 17.5 to confirm the bullish contracting triangle continuation pattern.

CHHX need to break above the 3 ema at 16.5 and break above the upper sloping resistance

at 17.5 to confirm the bullish contracting triangle continuation pattern.

Hope it follows Ausgroup to the Tee.

richtan      ( Date: 14-Jul-2009 22:41) Posted: Below is my daily line chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.   If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments. This is only my view n I may be right or wrong, so dyodd.

Hi Bintang,

Many thanks for your compliments.

It is my pleasure, passion n my great desire to help fellow human beings as I believe in "One good deeds deserve another" n in accumulating good karma in the process for myself n my next generation.

I also learnt a lot from u n fellow forumers, thanks to u all for making this a wonderful place, less those unpleasant incidents.

Yup, u will have support from those who are interested to TA esp your candle stick analysis.

Hi Bintang and fellow forumers tat gives me your support,

I sincerely appreciate your support and will continue my sharing, if time permits despite all these undesirable noise and abuse. 

Not neccesary. Unlike others indicators it gives an advance indication what pattern the chart is likely to form. 

Just my view...