----- Original Message -----
From: Len Cranford
To: apopeeso@comcast.net ; pyrigenes
; Chris
D.
Sent: Friday, July 03, 2015 10:32 PM
Subject: Shanghai Index OUCH!
When a major market goes
straight down like this, the investors on margin are getting crucified -
forced out of their positions by margin calls;
Like that
"bounced" Italian Investor`s check in Brazil a few years
ago, that set off the Brazilian stockmarket Dive. - Everyone wondering how
one $6 Million Dollar bounced check could do that...We have to wonder when
the "Greek Tragedy", add Puerto Rico, Add Italy and soon California
and Illinois; Pretty soon you are looking at "dark clouds"
everywhere, and as reality becomes grimly obvious .... no one wants
to be last in line.
Well, the denial of reality in
California is already outrageous, and has been a very long time. L.
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