OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

China Stocks Drop Despite Massive Intervention

Posted by drb2 @ 9:06 on July 6, 2015  
Over the weekend the PBOC said would actively support the market.   i gave this article a quick scan to see how the Chinese market reacted to the announcement
What I don’t get is how it could actually drop at all.     probably the PBOC is not as experienced as the Fed in the market management game…or maybe their algos aren’t very good?

http://www.zerohedge.com/news/2015-07-06/tumbling-futures-rebound-after-varoufakis-resignation-most-china-stocks-drop-despite

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.