S2007S Registered: Aug 2006 Posts: 3718 06-04-07 01:22 PM down 15%, I think the stronger the correction in shanghai the stronger the comeback will be. I would not be surprised to see new highs by end of June. Some of these international markets do 10-20% corrections without a problem. If wallstreet has a 2% drop people start crying SSE Composite Index (Shanghai:000001.SS) Edit Index Value: 3,670.40 Trade Time: 3:00AM ET Change: Down 330.34 (8.26%) Prev Close: 4,000.742 Open: 3,981.817 Day's Range: 3659.09 - 3987.27 52wk Range: 1,541.41 - 4,335.96
You mean a standard fractal/breakout/abc extension/abc reversal/ABC pattern/pivot points/short term fib ratios etc? Sure. I just wondered about the eminent disaster you envisaged, i mean that was nasty. If it's some sort of secret squirrel trading secret, thats fine, above and beyond currently known facts regarding deficit figures and interational trade, i just thought it would be interesting. Interest rates will, go up, again-very sharply im sure, if they leave it too long. Do you have a time frame on your economic scenario? Im thinking, 3 years for what you state to eventuate. Just ballpark, ouji board style.