Here we go again
Another rate cut by China and reduction to their banks reserve requirement. I see this as another move that indirectly reduces the value of the Yuan. The futures this morning are looking amazingly strong and I am sure many will see today as a great buying opportunity. I think high frequency trading has played a big part in what has happened in the past two days. I believe today will be a brief pause and things will seem rosy again and the bashing will probably pick up again tomorrow. This up and down volatility just proves that I hold shares in the right sector. Be patient. Our time is coming.