when the market turns to bear... everything goes down until the...

when the market turns to bear... everything goes down until the cause to the fall is rectified.
the cause this time is chinese currency and oil.... at the moment, no one believes yuan has stopped depreciating, in fact, most agree there is another 7% to 15% to go; on oil, if 30 dollar has been touched a few time, thats definately not low.
after fighting on the market some 10 yrs... i might not win every trade, but i know i cant beat general bear market; and bad thing doesnt finish on the day it started; and i always can come back for another fight as long as i hold cash.
for those reasons, i hit sell button on MIG at 87, loss 3c for the transaction.
i dont think sell has finished yet... especially fundies start dumping.... i notice fund managers 8ip has reduced its holding from its portfolio...