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Chinese Stocks Are Still in Danger of Blowing Up

Tickers in this article: SINA BIDU RENN SVM FXI

Sohu.com provides Chinese online media, search, gaming, community and mobile services in the China. I would not short Sohu here in this price area. It's oversold based on technical analysis and due for a bounce. A test of a moving average is appealing for a short entry, though.

Fushi Copperweld Inc.(FSIN)

Fushi Copperweld, through its subsidiaries, engages in designing, developing, manufacturing, marketing and distributing copper-clad bimetallic wire products. Fushi is subject to fraud allegations as described earlier.

Disclosure: Author holds no positions in the stocks mentioned.

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