3 standard deviation territory:
POLAND (Wig80): +41% ytd, +136% from summer '06 lows; index p/e = 35x
CHINA (Shse-Szse 300): +52% ytd, +153% from summer '06 lows; index p/e = 39x
The popular press has clearly missed the eastern european mania. D

Posted by 1:14 AM