The Chinese are waking

[NChosting]

The Chinese will be up and about in a couple of hours. I see them buying at such low prices. Its time to buy.

What do you forecast for the next 8 hours?

[seanneko]

The Chinese bank news the other day happened while they were just going to sleep. THere would've been lots of them who didn't find out until they woke up the following day.

There was a small dip at about 9am China time which was quickly bought back up again. It barely even registered on the graph.

I think the same will happen this time. The market has shown that there's strong support at $900. Any Chinese who want to sell will be met by these buyers.