fe price stabe and lower aud., page-4

crackpot..."(incidently, IMHO, I really didn't think the PMI out of china yesterday deserved such a huge sell global sell, it was a tiny tick down, not a fall away)"

Nicely put, I recall a few years ago China slowed to approx 8% it too was viewed as end of the world stuff.

China wanted to slow their economy via monetary tightening as inflation was getting out of hand.

China showing prudent policy yet the market twists it for a reason to sell (or better still a reason for the unknowing to sell)

Very good trading day I must say....