Shang hai precariously close to the edge

Low was 3419 so far tonight. she breaks 3360 and thats all she wrote. Kissum goodbye. down 4.6 % so far tonight. Now theres the story worth following. Its ain't gonna happen in a vacuum, and its gonna start pulling a lot more markets with it soon.

Low was 3419 so far tonight.

she breaks 3360 and thats all she wrote. Kissum goodbye.

down 4.6 % so far tonight.

Now theres the story worth following. Its ain't gonna happen in a vacuum, and its gonna start pulling a lot more markets with it soon.

And to think that last year when some of us suggested a severe drop for Chinese equities, it was considered lunacy.

I don't rule out a 90% drop and a time frame of Oct/Nov.

I also don't say it is inevitable but I wasn't buying at the highs.

the olympics are going to be a disaster for COMMUNIST china. it's not just about their rape of tibet either. we have heard only the story of the growth numbers. their obsession with fast growth has destroyed many traditional chinese communites and lifestyles. and for what ? qui bono ? the money has gone to the chinese bank which has put it in increasngly worthless US $$$ ! there will be protests and violence; it won't be pretty. if you wrote this as a book of ficton, you could not get it published; it would be TOO ridiculous ! and then there is the HORRENDOUS POLLUTION ! westerners are going to be disgusted. and also, they poop and pee right in the streets. how do i know this ? i have a friend, who is a world class scientist and whom i completely trust, who has been there recently.

Edited by humble1, 27 March 2008 - 10:51 AM.