Bill, Shanghai markets have "melted up" but may this be the start of a meltdown? They were up 36 points when they peaked and went down nearly 45 points to close at a loss of 8 points. Volume was huge, larger than any other recent day.

I'm exiting my holdings, I'll look for opportunities. The only thing troubling is that nearly 70% of institutions are short-term bearish(about the same as yesterday). Hopefully I don't become a contrarian indicator again. Yours, /"S. Fly"

Give it a day, and the $USD will drop again (if it just didn't after the 8:30am econ data came out).

Excellent chart Shanghai Fly sent along except he forgets that most of us haven't yet mastered Mandarin. Or Cantonese.

In time we will. I remember the last great $USD crash about 15 years ago, when I had an office in Dallas-Ft. Worth (Grande Prairie-Arlington actually). The Japanese moved in and bought most of the real estate, and then the elementary schools started teaching Japanese.

It's true.

Next I figure it's China on the move " once their Yuan goes parabolic -- and y'all know how BIG Texas is. :-)