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Byline: DAVID SAITO-CHUNG
Last year, Chinese stocks of all stripes throttled higher as investors celebrated the country's newfound love of innovation, strong economic growth and corporate profits.
Today, you would be hard pressed to find a single Chinese firm in today's IBD 100.
Take it as yet another example of how the market continually rotates from sector to sector -- or in this case from region to region.
Although China is still one of the biggest engines of global economic growth, even its best-performing stocks eventually have to take a break. Their recent sharp corrections highlight the importance of having sound sell rules and using charts to spot the right time to lock in gains or to cut losses.
Don't wait for a stock to fall off the IBD 100 before deciding to sell. Such a stock has likely already given up the lion's share of its gains or flashed several key sell signals.
China is restricting lending and cutting down on cement, steel ...