Its going to be a fun day in Chinese stocks ...

Its going to be a volatile day in the Chinese stock market today

I'm expecting a sell-off due the margin trading news late on Friday.

This: Chinese stocks hit after margin crackdown

and then this: China securities regulator denies encouraging short selling

The sell-off should be the cushioned somewhat by this: China cuts reserve ratio by 1 percent (and more here)

They're ready to pounce!

(Thanks for the photo to @HIA____TUS on Twitter!)