OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

China

Posted by goldielocks @ 14:27 on January 7, 2016  

Talking about devaluating another 10-15% last night they halted trading twice with in 29 minutes. First after five percent then reopened dropped to seven and closed it. People in China not too happy. One said he’s going to be sitting by his computer waiting for it to open to sell. ┬áTheir limits creating a bigger panic because they want to sell before it triggers a stop again. their attempt to micromanage people’s trades is backfiring. With Chinese products getting cheaper how will that affect the few US products left. Worst start for DOW in a century. People talking also about the similarities to the late 80s.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.