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Saturday, 29 December 2012

Lyxor China H: 29 December 2012, Saturday, 9.45am Singapore Time

Lyxor China H (US$) ETF: 29 December 2012, Saturday, 9.45am Singapore Time

While International Financial Markets undergo corrections, money will flow to China Markets for pump-ups.

As attached, Lyxor China H US$ ETF is a Buy.
Multiple Break-ups (LIGHT BLUE circles) with successful back-test confirmations;
Entire consolidation from 2011-2012 (1.5 years) has completed in China.

Buy: 
$13.20-$15.00

Target :
$19.90
(Note: Buying ETF is akin to buying a basket of blue chips, hence the stability and relatively non-volatility)

Donovan's Market Analysis:

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