XJO 0.70% 8,269.8 s&p/asx 200

the world did not care about it because on feb the day after the...

  1. 776 Posts.
    the world did not care about it because on feb the day after the -9% day china was +9% and keep on the bullish

    they dont believe china will fall this early simply

    they closed in the green today..... not -7%
    that is what im talking about is very easy for them to recover so noone really care of their huge short term mini corrections, past 4 trading days china had fall 20%+ from the history high made last week. today alone it was 10% range movement from high to low. as now the latest profit taking is done, china tomorrow they would be crazy again buying up the cheap shares.This can be backed up by the volumes this few days, first half day of today was on low volume while it fall 7% but the afternoon recover was back on some decent volumes

    the china bull will not stop this easily
    i have long the HSI, ASX
 
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