China at the point of reversal

China shares are bottoming, and reversing. This is indicative that the worst is over for the Chinese economy. Look at the table below. These are shares of companies most likely to benefit from the lastest Chinese quantitative easing - railway construction.

	3 months ago	Now	% change
Anhui	19.1	27.4	43%
China Coms	5.75	7.6	32%
China Railway Constr	5.71	7.7	35%
China Railway Grp	2.83	3.79	34%
Zhuzhou	16.38	23.5	43%
Midas	0.27	0.44	63%

 
Chart of Midas below. Notice that it is breaking out of a double bottom formation.

Time to buy Chinese shares.