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Black Monday Coming???


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#21 Tor

Tor

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Posted 03 February 2007 - 10:21 AM

If Shanghai goes down another 5-10% on Sunday Night, just think of what Monday Morning's opening will look like...

Well, if we use recent 5% decline in the Shanghai market as a proxy, wouldn't you think our markets would be up as money would again rotate into our markets as it did two days ago?

Shrug...maybe it's a simple case of who's actually leading who...if at all??

Fib


Chinese industry is a high beta proxy for the western industrial world.

Also, please read my post on popcorn over in the gold board, which goes into more detail.



This may help you:

http://www.traders-t...showtopic=65312
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