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September 27, 2007


CITIC Securities: Revenge of the Manicurists

Given the news that CITIC Securities’ market cap is now over $40 billion, I thought I’d post its daily and weekly charts.

I first wrote about CITIC in May, foolishly disparaging my manicurist for her stock picking savvy. She still does my nails as a “courtesy” even though she’s now richer than me. ;-)

The trend change on the daily chart I pointed out in early July happened to be a wonderful spot to buy. Too bad this dip didn’t buy that dip.


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