China Meltdown Part II – NOW Are You Paying Attention?

I told you so barely covers it on this one!

China failed to provide the anticipated additional stimulus over the weekend or today and the Shanghai Composite quickly gave up half of the gains they made over the past two weeks of MASSIVE stimulus and rule changes that STILL have many stocks halted and this time no one was allowed to cover with short sales. This morning, in fact, barely one in 100 stocks that were trading in Shanghai were not in the red with MOST of the index closing...

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