John Murphy: BIG DROP IN CHINESE SHARES CAUSES SELLING IN GLOBAL STOCKS AND COMMODITIES — COPPER AND OIL (AND THEIR RELATED STOCKS) ARE HIT THE HARDEST — SAFE HAVEN MONEY IS MOVING INTO THE YEN AND TREASURIES — OVERBOUGHT STOCKS ARE STARTING TO SLIP — WATCHING THE VIX FOR AN UPSIDE BREAKOUT

I had been surprised at how little attention was being paid to the big drop in Chinese shares since the start of August. That's why I warned on Friday that the big drop in Shanghai could cause...

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