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  • January 7, 2016 at 7:07 AM #21837
    moneymaker
    Participant

    China is about to get a cold, this should be very interesting! Tomorrow they will open with no circuit breakers.

    January 7, 2016 at 7:51 AM #793031
    no_such_reality
    Participant

    China’s breakers are waaaaaaaaayyyyyy too tight.

    They halt for the day at 7%, which is where US breakers kick in for a break.

    It’s funny, I flipped on the stock news and they again are having a cow over the markets being down HUGE numbers, yet it’s a down spike of a mere 2%. Which is normal market volatility.

    The media is having fits over hundred point swings, but with the market at 16000-17000, a 100-200 point swing is the historical daily volatility.

    January 7, 2016 at 8:43 AM #793034
    moneymaker
    Participant

    Yes the media always wants to hype everything, toronados, rain,market swings,whatever. But tomorrow will non the less be very interesting in China with no breakers. By the way I just got 5 Powerball tickets so I’m looking forward to Saturdays hype as well. The Shanghai opens at 5:30pm our time tonight I think.

    January 7, 2016 at 8:59 AM #793037
    The-Shoveler
    Participant

    IMO China has the power and can manipulate their markets better than anyone else on the planet.

    The lowering of the Yuan is the bigger story for our RE markets maybe or maybe not, need to wait and see I guess.

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