Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.44

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Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (109428)	8/8/2018 3:20:31 PM
From: Machaon	1 Recommendation Recommended By GROUND ZERO™ Read Replies (2) of 218648

GROUND ZERO™: Just added more YINN positions... Over the past two days there have been several analysts/investors on Bloomberg and CNBC saying that they are bullish on China and the there is a high probability that there will be a resolution to the growing trade war, but, perhaps not until after the upcoming elections. Regardless, only under a worst case did they feel that China wasn't a buy. China's economy is slowing down to about 6-7% growth from 8%. Tariffs are expected shave about .4% off the growth. I like the China story. The Chinese are enjoying a much better quality of life than they did under Mao, who drove countless millions into the countryside to farm and tens of millions died of either starvation or brutality. They certainly aren't living the lifestyles of their grandparents! Interesting turnabout for YINN today. I was afraid that the great gains of yesterday would evaporate today. Not so fast... :)

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