Shanghai has to fall tonight

[dealer]

Quote from SiSePuede!:

Fell again:

Index Value: 4,000.74
Trade Time: 3:00AM ET
Change: Down 108.91 (2.65%)
Prev Close: 4,109.654
Open: 4,120.628
Day's Range: 3966.98 - 4181.28
52wk Range: 1,528.23 - 4,335.96

Also look at the B-shares. They were down 6% overnight.

 

[Xenia]

Quote from LeonPhelps:
They charge 3% tax per trade !
Damn, those Chinese stocks must be really rocketing to withstand that !
And I also hear that Mickey D's everything you can buy for $1 now costs $30.

 

[Rugby]

Shanghai opening much lower this morning. (Down 6%) See if it flips green while we're sleeping..LOL

 

[Rugby]

Check that down 7.5%. Woosh....A dip buy of all dip buys for those that most...

 

[Willleung]

Quote from SiSePuede!:

Isn't it also possible that people rush out to buy more stock before they raise the rate again? Would it really surprise you?

it wouldn't surpise me at all

up 2% to -5.5% now, which is only 8 minute after that -7.52% low, LOL

 

[pumpanddumper]

Shanghai equals March of 2000 Naz. Fun watching the index so volatile like the good old days of the Naz. Let's see if 3700 holds support tonight...

 

[Mvic]

Only ET pikers still think that Shanghai is relevant outside of China.

 

[poohbear]

Quote from S2007S:

its down about 6% to 4071, I think this is just a dip that will create the next chance of a buying opportunity that will bring it to 5000+ by the end of June without a problem. Tomorrow it will gain back 3/4 of what it lost tonight and by early next week be back at new highs like this 6% drop never happened.

Dude have you lost your shirt?