Chinese Metal Resurgence (SHZ, EEE, CHGS, EEM)

Chinese metal prices are trading higher today. Industry leaders Xhina Shen Zhou Mining & Resources Inc. SHZ, Evergreen Energy Inc. EEE, and China Gen Sheng Minerals, Inc. CHGS are all up substantially. The commodity fund iShares MSCI Emergering Markets Indx EEM is currently trading at $48.16 per share, a 1.94 percent increase from yesterday's close. Traders are wondering how to capitalize on the sector's momentum this afternoon. Should they ride this momentum or fade it? As the EEM continues to make new intraday highs, traders who are fading this momentum may be feeling some pain.