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    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    Starting it off.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    Wheeeeeeeeee, look at that. Did the PBOC do a third devaluation? I think they should do one every day until their currency is worth like 50 million yuan to the dollar.
    They should snap reverse this any second now and gun it up...
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Barely got that posted and it was all made back up. Zero surprise there.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    Now swoooooosh it back down?
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    High of the session. How come I'm not even slightly surprised.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    And yes, my guess was correct, third day in a row for a Chinese devaluation. Hmmm.
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    Click image for original size
    6e 2015 08 13 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
    0
    ES wants to get to 70
    Click image for original size
    es 2015 08 13 2 png
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    Thanks for posting, Marcin. It's a one man show now, it seems. At least we have one...
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    You all see that flash crash in crude? By Nanex data it traded in the 30's. We be gettin' close to my low to mid-30s read from way, way back.

    http://www.zerohedge.com/news/2015-08-13/oil-flash-crashes-gundlachs-geopolitically-terrifying-levels
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    was on the road ;)
    Originally posted by jimkane

    Thanks for posting, Marcin. It's a one man show now, it seems. At least we have one...
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    Nice stuff, rat. Glad to see you back.