Would China let there market fail. Why wouldn't they? That would be the healthiest thing to do.
I think that we could see two more serious down days before we bounce. This by no means should be taken as hard facts. Most of my short exposure is through put options so my downside is limited.
This down move is different than the past. Interest rates are rising.
Asia is selling off hard.
Thursday, January 21, 2010
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