Steve’s Barking; The Chinese syndrome ( American Stock Market)

Watching that famous news channel as the American stocks took a dive. Now it seems like all those stock pundits gave every excuse as to what the most probable reason for the sell off. Before turning on the tube I looked at the stations app were I saw the story that the President’s munchkin stated that the treasury is looking into Chinese owning American Stock, especially technology stock. We can’t have the Chinese stealing our technology intellectual property. Now if I was Chinese and held American tech shares I would be selling when the selling wad Good. Now I do believe that the Chinese were selling their shares of tech stocks plus other shares, now who could blame them. Of cause if you have stock on margin you would have to sell, that’s why the last hour one can see stocks slide at the end of the session.