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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (109428)8/8/2018 3:01:45 PM
From: SGJ  Read Replies (2) | Respond to of 218639
 
I close to getting stopped out on IQ. :-(



To: GROUND ZERO™ who wrote (109428)8/8/2018 3:20:31 PM
From: Machaon1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (2) | Respond to of 218639
 
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... :)