As posted was very tempt to play a bounce up with PUDA as I figured the PPT would be in the markets, but if they were not playing there games the S@P could gap down below the 1041 and go into another free fall so I held off. Dont forget you long termers SELL ALL RALLIES.
Not sure PUDA will be able to get to $7.00 but if it does and you own it would be a good sell point then go away for about 1 year if you are not a trader willing to short stuff. I would however not short PUDA at $7.00 it is in fact a good solid stock so should hold up better then most in C wave down.
And oh, yes this will effect the China market. Hard times with low spending in the US spells disaster form China.
I would have posted this here yesterday but the board Gods have me restricted to 2 posts a day, I am sure most of the flock support that concept.
If you have not studied and made big profits using TA you might consider being wise and forgo your critical judgment of it.