Australian (ASX) Stock Market Forum

China to Take Down World Financial Markets

Bean those patterns are random i would not try to trade off them unless they appear 3 times out of 4 weeks what you are seeing is minor rallies in a selling move common as sliced bread.

i really suggest you start using charts I know what your trying to do with prices codes to see pattern and pivots points in price. I give u credit for trying but Bean u anit no Jesse Livermore there is a big tip for u if thats the type of trading system u are trying to develop! Get reading on how to trade in stocks! another tip.

Yes a chart would have helped today:)
 
Just a question.

If China has a 20-30% correction (i would call this a crash as its >10%), will the index be bought up again or will CHinese people just lose faith in the markets and go back to savings accounts??

COz i suspect if we get a prolonged spell of weakness everybody will just run for the exits no doubt, but will they be back?

Didn't the japanese run for the exits after their crash 15 years ago and have only started to return recently, and this led to a vicious cycle? I'm not sure how similar the mentality of the chinese and japanese are
 
Didn't the japanese run for the exits after their crash 15 years ago and have only started to return recently, and this led to a vicious cycle? I'm not sure how similar the mentality of the chinese and japanese are
As different as the Jews and Germans.
 
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