The China Syndrome

the rally finally sputters

I have a vivid illustration of the difference between me and many other market observers. Just yesterday on the Goldman-loving permabull site ZH, one chap deigned that, yes, the Chinese stock market mega-rally might peter out "a few weeks" after Golden Week is over. In other words, in about a month.

In contrast, yesterday, in the face of the 13th day in …