Asia Times Online, 9 May 2009, R M Cutler
MONTREAL - Asian equity exchanges finished very strongly up this week but remain at the critical junctures that I described in last week's column (see On the cusp, but of what?). Most of the indices are due for a consolidation or pullback in at least the short term. The pertinent questions are how much further their established momentum can carry them and to what degree economic reality can support their enthusiasm. A look at the three Greater Chinese exchanges provides a beginning to the answer to these questions.
Read More
