Loading ...Posted August 31st, 2015 at 8:44 AM (CST) by Bill Holter & filed under Bill Holter.
Dear CIGAs,
I must apologize to readers. Shanghai has in fact reported deliveries for the last two weeks, I reported this incorrectly when writing they have not reported. We try to be as accurate as possible but occasionally we err. That said, “something” has definitely changed over the last 2-3 weeks as evidenced by market gyrations and volatility. I stand by the rest of what was written, the knowledge something is different or changed should tell you past or existing trends in place should also be questioned. Stay vigilant as volatility “kills” in an over levered system.
Standing watch.
Bill Holter
Holter-Sinclair collaboration