Friday, June 26, 2015

China Farmers Stock Skills Tested Today


China stocks are sliding, with the Shanghai exchange down 7.4% today alone.

Shanghai is down 19% in 2 weeks, 1% point away from being officially labelled a "bear market".

Ex-farmers turned stock speculators all around China monitoring their stocks on TV via teletext in the village CC be like:


Question: What do you do now?

A) Man up. Leverage up. Double down. BTFD YOU NOOB.


B) Lie down. Try not to cry. Cry a lot.


C) Be smug about not being involved in China stocks and then realize that China is still up 105% y-o-y


D) Write a pointless post about it and stick it on the internet


I'm going with option D guys. What about you?

2 comments:

  1. I don't think we'll need to worry yet so I would say option C

    ReplyDelete
    Replies
    1. Seems like its too soon to say... next week will be interesting!

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