Markets

[bucket]

Sf3

I think it's China just getting a better deal. There is no way the Chinese would risk having their middle class join the peasants in a revolt. The government wouldn't win that civil unrest.

I suspect by the end of the week you will see some upward movement in the market.

[bucket]

Oops I didn't read the news yet this morning. It appears to be correcting.

China cut interest rate.

[foragefarmer]

The biggest problem driving the markets right now are margin calls. Far to many people playing the markets with borrowed money. Electron trading doesn't help the problem either.

Those who jumped in first thing yesterday morning have made a small fortune already. The big player know how it works!!!

[bucket]

One email from a Chinese insider that they would reduce rates is all that took.

[cottonpicken]

Have heard retail investors dont like India because of backward government policies but dont know any specifics

[cottonpicken]

Rumour going around china has dumped 100b in treasuries in the past two weeks if its true its a very big big deal.