Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

how about that for a gap

Reply
Not applicable
Bloody hell that is a big gap! You can't not trade it. I am up 450pts and climbing. Read Cees Bruggeman's article on all of this China business. Excellent stuff which puts things nicely into perspective. We all know the Chinese fudge their numbers, the only question is by how much. If a little, then we are looking at Chinese growth of maybe 5% - we can live with that. If a lot... then 2% seems more likely, which will mess the global order up a little bit, because Chinese stock markets are still trading at 60 times PE's, US indices have priced in some big growth going forward and there are a helluva lot of funds with a helluva lot of money stuck in China which they can't get out (thanks to pre great depression style government intervention into the stock market).
0 Kudos
Reply
2 REPLIES 2
Preston
Super Contributor
Quote from a twitter user "God help us if global markets are going to start taking all of their cues from the Shanghai."
0 Kudos
Reply
Rams
Super Contributor
twitter is all abuzz about "Black Monday". Like the Dow going to sink 5000 points on the open?
0 Kudos
Reply