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TFC Commodity Trading Forum

China Hikes Rates/Market Selloff Expected

A commodity based sell off is expected with China hiking interest rates. Perhaps this is now the beginning of the perfect storm with most every chart in the sky, bullish stock market sentiment the highest since Oct/07, Insider Selling at a rate of 7 to 1, Baltic Dry Index at the lowest level since August, the China ETF:FXI selling off for the last 2 months while SPX rallies just like last Jan and April. And lets not forget the Sugar Rat with his nose at the MOON looking for the CHEESE beyond and about to O/D once again...........