Replies to post #8849 on China Growth Stocks

[pnnymn]

If it was going to be a selloff the dow futures wouldnt just be down 4 points.

[GorillaGorilla]

-- I see the government's decision to not jump in and bail them out as a big positive.

Exaclty and your not alone. Clear out the shareholders and negotiate with the bondholders - how they should have been handled from the start. The Gov got nervous after they saw Lehmans crash the market... but they forget it was the surprise of the situation. People are ready for it now... Clear the garbage out... and free up the banking system without the public having to pay through the nose for other peoples mistakes.

rich

[Traderfan]

Heck yeah, I see no panic at all right now in the futures. I even went short at 1032.5 and covered at 1.33 because I realized there is no panic out there.