Market psychology at play here…. Darkest before down hence the...

Market psychology at play here…. Darkest before down hence the capitulation of a few firm holders. I can understand why. The cry of wolf once too many times.

However, the public statements found by @LifeStar provide me comfort that EMs commitment remains resolute. If may indeed not be resolved by year end, but by all accounts they are giving this a bloody good go. And they will continue until success - failure in China is not an option.

Now, I am prepared to wait. I was also near capitulation. This gives me hope. I will go down in flames (and might even have a nibble on the way down).