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China Down 7%! What's Up With That?


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#1 OEXCHAOS

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Posted 29 July 2009 - 06:25 AM

Chinese markets plunge in late trade, Shanghai Composite down over 7%

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#2 nicolasillo

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Posted 29 July 2009 - 06:29 AM

that s a taste of what is going to follow. That s what i believe. maybe soon.... maybe in Oct/Sep

#3 eminimee

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Posted 29 July 2009 - 07:06 AM

Perhaps running into a little resistance....
http://stockcharts.com/c-sc/sc?s=$SSEC&p=M&yr=20&mn=11&dy=29&i=p85465326481&a=130154071&are=6949.png

#4 VolPivots

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Posted 29 July 2009 - 07:31 AM

Amazing that FXI is only down 2.5%....FXP barely moved on that mini-spike down on ES.....

#5 .Blizzard

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Posted 29 July 2009 - 07:39 AM

China Down 7%! What's Up With That? Their GDP (+8%) is a scam
 
 
 


#6 redfoliage2

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Posted 29 July 2009 - 08:05 AM

Chinese markets plunge in late trade, Shanghai Composite down over 7%


The bubble just started leaking. When it's bursted SSEC will go back to 1600 again.

#7 dcengr

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Posted 29 July 2009 - 08:20 AM

Did you not read the zerohedge article I posted about the egg heads that predicted a crash in shanghai during this time frame? They're right on target.
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#8 stocks

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Posted 29 July 2009 - 08:24 AM

Econophysicist Predicts Chinese Market Top, will burst between July 17 and 27


http://www.traders-t...?...=108719&hl=
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#9 Rogerdodger

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Posted 29 July 2009 - 09:01 AM

I heard that they closed shop and went to the beach:
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#10 da_cheif

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Posted 29 July 2009 - 09:07 AM

thats why the mongolian desert is empty.........