Animal Spirits Move Origin Agritech LTD

Originally Published in Charting the Markets October 11, 2007 9:12 AM

If you need evidence that the animal spirits are firmly in control of this tape look no farther than the trading in Origin Agritech Ltd (SEED-NASDAQ). What can be more timely than a Chinese agricultural vehicle?  Yesterdays trading was spirited, with the entire share count of the company turning over, and today every idiot with a blog will comment on it. This SEED might spawn some fast money for nimble traders, and might have a 2 in front of the quote soon. Does it feel like the fall of 1999 yet? No position

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