1 posted on
08/26/2015 9:04:27 PM PDT by
blam
To: blam
2 posted on
08/26/2015 9:06:08 PM PDT by
blam
(Jeff Sessions For President)
To: blam
Hopefully everything has bottomed out.
To: blam
Looking at the chart, it plunges, goes up, plunges, goes up, plunges, goes up. I don’t understand how anyone in their right mind could be buying into that market. More than likely they’re not. It’s all Beijing directly purchasing stocks to try to stem the tide.
To: blam
My Netflix is now in the plus range for me after dropping as low as $92 at one point this week. It is now +$110. After hours shows $112 which is a good sign for Thursday.
To: blam
A house of cards.
And the wind is coming up.
6 posted on
08/26/2015 9:18:59 PM PDT by
Bobalu
(See my freep page for political images.)
To: blam
13 posted on
08/27/2015 2:33:29 AM PDT by
broken_arrow1
(I regret that I have but one life to give for my country - Nathan Hale "Patriot")
To: blam
The government owns most of the Chinese stocks and can order Chinese stock market traders to buy and sell at their will, or else.
China’s government is even more all powerful, crooked and corrupt than our government.
To: blam
Despite the gain, the index is still down 15.26% for the week.And is still up 30 percent over NOV 12, 2014. Anyone interested in an investment that had a bad few months and yet is STILL averaging 30 percent gains in just 9 months? I know I would be.
15 posted on
08/27/2015 8:42:21 AM PDT by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
To: blam
Look at the Shanghai Index going back to 2005 on a logarithmic scale.
That's only through 2014, before this latest roller coaster ride
(For the previous decade, from JAN 1995 to JAN 2005, it was relatively steady, rising from 560 up to 2200 in JUN 2001, and a similar steady decline back down to 1100, all with few huge troughs or peaks.)
And then the recent huge spike:
JUL 21 2014 closed at 2055...
NOV 20 2014 closed at 2455... up 20 percent points in 4 months
JUL 12 2015 closed at 5166...up 150 percent in a year!
AUG 26 2015 closed at 2927...down 40 percent in 6 weeks, but still up 20 percent over the previous 9 months.
16 posted on
08/27/2015 9:13:12 AM PDT by
Teacher317
(We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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