chinese exhanges tanking , page-5

No sorry, I meant crossing trade. Tradees placed just after the market closes but get matched off five mintues after close.

Last time WMT, APG and GSE were all safe havens from the correction so I think any fall will be slight in comparison to the overall market if it gets worse.

The FTSE 100 seems to have found a floor so I think the Asian selloff was a bit of profit taking exacerbated by some "sell on rumour" in China made worse by a decision to delay of the release of GDP figures until after the close of the market.

Depending on what the DOW does tonight, we might see it all bounce back tomorrow.

In any event, I would hold GSE and be looking at ditching any shorter dated calls (options and derivatives) into any rally, and picking up longer dated calls on weakness. If the DOW falls more than 1.5% it might be better to preserve at least some cash in case it is a more prolonged correction.