Just take a look at the #'s boys
and girls, SSEC was 6000 in October, it is now 2080, I'd call that
an out right purging! It doesn't really set in until you
actually look at the #'s!!
Posted by pepperwu on 14th of Sep 2008 at 09:10 pm
any idea how you trade this?
in my opinion this is why I don't expect a plunge in western
markets - the bubble has already gone. had this weekend
happened back in 2007, it would have triggered a collapse
China!
Posted by matt on 14th of Sep 2008 at 07:21 pm
SSEC China Shanghai Index - perfect downtrend channel
Just take a look at the #'s boys and girls, SSEC was 6000 in October, it is now 2080, I'd call that an out right purging! It doesn't really set in until you actually look at the #'s!!
FXI does not look as
Posted by junkmaylbox on 14th of Sep 2008 at 08:57 pm
FXI does not look as drastic though.
any idea how you trade
Posted by pepperwu on 14th of Sep 2008 at 09:10 pm
any idea how you trade this?
in my opinion this is why I don't expect a plunge in western markets - the bubble has already gone. had this weekend happened back in 2007, it would have triggered a collapse
Eventually POG and DOW in
Posted by rafe on 14th of Sep 2008 at 09:45 pm
Eventually POG and DOW in a tie! ie equal to each other within 1000 pts! One way or tother---IMO! Which is consistent!