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Wednesday, 11/30/2016 11:07:14 PM

Wednesday, November 30, 2016 11:07:14 PM

Post# of 8671
""Metals Traders On Red Alert" - Chinese Commodity Bubble 2.0 Just Imploded" from zeroedge....
http://www.zerohedge.com/news/2016-11-30/metals-traders-red-alert-chinese-commodity-bubble-20-just-imploded
"Iron ore and steel futures trimmed their second monthly advance as bourses in Dalian and Shanghai moved to deflate a boom driven partly by speculative trading.

The Dalian Commodity Exchange raised margin requirements and the Shanghai Futures Exchange capped some positions. These measures have taken some speculative steam out of the market, according to Justin Smirk, a senior economist at Westpac Banking Corp."

ps-only thing certain going forward: volatility abound and daily battle between "the shorties vs the longs" have become the norm.
ps2-holding power a must: stock market is a voting machine in the short term and a weighing machine in the long term from buffet.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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