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Monday, December 28, 2009

China Properties Under Pressure

Good Morning everyone, another Christmas has passed, welcome back.

In today's MyPaper cover article, it says China is going to curb on property speculation.



and I immediately think of Yanlord, let chart tell the story below. It presents to me as standing at the edge of the cliff, looks like one kick would hit it down. The only last straw is its 200dma may provide some support. Let see.

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