China raises rates again to 6.84% [Monetary] - MarketTicker Forums


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!

Sponsored Advertising

To remove advertising from your display upgrade to Gold Donor status

MarketTicker Forums Read Message in Monetary

User: Not logged on

User Info	China raises rates again to 6.84% in forum [Monetary]
Signas Posts: 909 Incept: 2007-06-26 Reno Banned	Could make for an interesting Monday. http://www.iht.com/articles/2007/07/20/b.... ---------- Carbon Credits "FOR SALE" Bring a wheelbarrow full of money!! I really liked the people that spent $58,000 to earn a $21.50 Carbon Credit 2007-07-22 00:00:04 Permalink
Genesis Posts: 130678 Incept: 2007-06-26	That was expected; they basically said they were going to do it, and now they have. That's not enough to do much. If it kicks something it'll be psychological. However, the technicals on the Chinese market are pretty nasty, as is the chart. There's a really ugly little double top out there along with continuing weakness in the rallies - lower highs and lower lows. No confirmation until we get a break of the 50, but if that happens it could fall very hard and very fast. ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2007-07-22 00:57:06 Permalink