Shanghai (SSEC) fell nearly 3% down below 2700 and Hong Kong (HSI) down 1.7% to 24000.
Similar falls in mid August 2010 triggered a 6% fall in the market over the following 14 trading days.
The FTSE fell from 5411 to 5071 in only 11 trading days.....a similar 6% fall. Extrapolating from the recent High of 6077 yesterday, this gives a target of 5700 by Thursday 3 Feb 2011
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