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so far...its just mid to dark grey Monday
Ive always had this theory that having the weekend to ''get used''to it helps take the edge off.
I see futures are still in the red ,but are looking better so who knows----Sometimes Im amazed at how optimistic the US can be in shrugging off pretty bad news--As was alluded to in another thread,I agree that the worst thing is for stocks to settle into a consistent slow gradual fall. (death by strangulation)
Last edited by skid; 24-08-2015 at 01:26 PM.
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What are the futures and Asian markets saying right now ?
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Chinese A shares futures are falling like a stone. Down about 4-5% and market opens in 7 minutes.
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China down 3.83%---lets see if the Chinese gov. deciding to pour pension funds into the stock market helps...
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Member
Originally Posted by Nasi Goreng
Chinese A shares futures are falling like a stone. Down about 4-5% and market opens in 7 minutes.
Oh dear...anyone been following Gold lately.
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Originally Posted by easy money
Oh dear...anyone been following Gold lately.
Why ??? the "oh dear"
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NZ market doing pretty well all things considered. Shanghai down 7.04% currently. S&P futures down just under 1% on top of Friday's decline.
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Originally Posted by KW
Apparently the Chinese Govt has now "allowed" the State Pension Fund to buy shares. Talk about pissing away a country's life savings.
This not a good sign..http://www.domain.com.au/news/weaker...150824-gj603y/
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Originally Posted by KW
Apparently the Chinese Govt has now "allowed" the State Pension Fund to buy shares. Talk about pissing away a country's life savings.
Yes but they have "plenty" so who cares. Would be worse today without that investment fund rule relaxation over the weekend. Main Chinese index is still up over 50% in the 12 months to date. Maybe the Chinese authorities should have managed the initial bubble better ?
Last edited by Beagle; 24-08-2015 at 02:18 PM.
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Originally Posted by easy money
And this is not much better...http://www.smh.com.au/business/marke...23-gj5zqf.html
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