they impose this circuit breaker first time 4st jan 2016.
today only 7th jan 2016.
twice tutup kedai. first time tutup kedai after trading 3 hour.
second time tutu kedai within 30 mins.
so the Govt in panic mode, cancel this circuit breaker.
u know what? ppls will sell like nobody biz and the broker will force sell all shares of their client worry of further melt down and margin call.
and worry that further restriction on selling is impose or further new Tactical move that twist the mkt is introduce again only to invalidate it within 4 days.
don't look at DJ. no use one. DJ can closed +200 pts so what? shanghai open drop 15% then u have DJ futures -500pts again.
what do u expect from commies?? Do u expect them to understand market forces?? The root causal factor was they ban shorts...foreign funds will be happy to keep their funds invested but use shorts as a hedge. Since the commies had banned shorts...the funds were forced to sell out...that is why market dropped significantly and will continue to drop if the commies persist in their stubborn ways...BIG DAMAGE had already been done by Xi and his group...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
samgross
229 posts
Posted by samgross > 2016-01-07 21:22 | Report Abuse
Soros, where are u?