Well there really wasn't much reason for it to drop so much anyway... yes there is china, but a lot of the worry is just hot air... so I'm not surprised markets seem to be recovering so fast
Last edited by trader_jackson; 25-08-2015 at 02:08 PM.
Ah hah that explains your considered post...stands out like the aforementioned dogs...well you know what. Traders and doom mechants.....yah gotta love em...makes the markets so much more volatile. Should be some good buying opportunities however, so fun to watch it play out.
Nice. Have you taken profits yet? ;-)
ASX200 was up 7% at one stage!
TJ either you haven't been watching or you choose to ignore.
There has been plenty going on other than just China to warrant a very strong correction.
US corporate earnings for a start and then there is the giant oil slick that underpins a hell of a lot of the world's economy.
Originally Posted by bull....
asx lovely day anz was my pick at the open brought some cfds at 4785 last night too
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
Peter Cardillo of Rockwell Global Funds has just been on Aljazzerra saying that China's growth might only be 6% this yeat so it might feel like a recession but it won't be in his opinion.He also said that the response to China's slowdown has been over exagerated.
onwards and upwards.
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Originally Posted by BeeBop
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