Chinese Stocks Fall After Government Raises Taxes

[Maulik]

I am not sure if this is appropriate, surely stocks will be trading much lower today as a result.

http://www.nytimes.com/2007/06/04/busine...amp;oref=slogin Chinese Stocks Fall After Government Raises Taxes

[ahnuld]

definitely appropriate.

This isnt that surprising at all, and not a big deal either. I mean, the market is still up around 50% this year so a 8% fall is a drop is the bucket. I wouldnt be surprised if it was at a new high by the end of this week. I dont think it should be, but in bubbles crazy things happen. Who knows though, when volatility is that high the end of the bubble is around the corner imo (note im not basing that on historical stuff, just what I observed around 1999/2000 right before the crash.)

[Fishhead24]

The DJIA will surprise many investors this year imo.........downward.

[technologic]

[ QUOTE ]
The DJIA will surprise many investors this year imo.........downward.

[/ QUOTE ]

that's why it's your opinion...

if there's a downward correction in the market, i don't think it'll be too surprising to investors