Not too different from a chinese finger trap.
China sold heavy after opening and hit its 7% limit. Third time this week. The shanghai comp is at 3125 but i heard a third of their hedge funds will be forced to start selling. Sounds like a strong push to 3000. Its all time high was a bit over 6000 back in 2007, followed by a drop to the 1740's. Scary, yet awesome. Over a 70% plunge. I doubt that will happen again. Maybe 2007 was their 1929. 2015 is their 2000.
Failure is the mother of success.
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