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Originally Posted by Rythonn  Tjac is cleaning up with the China, I knew I should have saw that and bought into it when it was up $.80 |
To be honest, I'm just experimenting. But when I started looking into high yield mutual funds last night, I noticed that alot of the best A-rated returns were coming from China in both the short and long term. In the mutual funds I picked (one for China, one for Latin America, and one for Russia, I'm not interested in day trading, and I'm hoping that the current trend is recovery from a recent slump. If my guess is wrong, I'll lose.
The mutual funds led me to take a look at some individual Chinese stocks and RCH caught my interest. They are an architecural engineering firm that would seem to be a good stock for a country growing infrastructure. I don't know how much higher it will go, but before it readjusted the last time, it peaked at 27ish. I'm a little bit tempted to buy it IRL, so I need to do some more research. Anyway, if it's capable of getting back into 20s range, it might be good to get in on.