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Chinese Market Just Dodged Another Mini Crash

Started by redfoliage2 , Mar 23 2007 07:50 AM

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5 replies to this topic

#1 redfoliage2

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Posted 23 March 2007 - 07:50 AM

http://ichart.financ...m/b?s=000001.SS

Both US and Chinese market have got back to the crash land since the Feb. 27 mini crash.

Edited by redfoliage2, 23 March 2007 - 07:53 AM.

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#2 arbman

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Posted 23 March 2007 - 09:02 AM

Fed must be teaching them new tricks... :lol:

@qckisa on twitter

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#3 redfoliage2

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Posted 23 March 2007 - 09:45 AM

Fed must be teaching them new tricks...

It's the mis-explanation of the fed message: The hype is based upon a expected rate cut at the next meeting, which is an outragous lie. How could the Fed dare to cut the rate with such high PPI and CPI and pluning USD? Instead, Fed should raise with the current inflation rate.

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#4 arbman

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Posted 23 March 2007 - 10:19 AM

Fed is the reason of the inflation with all the permanent repos they did in the second half of 2006. - kisa

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#5 89S10

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Posted 23 March 2007 - 10:49 AM

Kisacik --- Can you refer me to a source that talks about the ins and outs of Federal Reserve open market operations? You seem to have a sense of what all the repos, reverse-repos and the rest mean. Thanks, Rick

Edited by 89S10, 23 March 2007 - 10:51 AM.