China's PMI jumps in it's funny number game: note to China 'no one cares anymore...we are all long re: market anyway and...

...we are just waiting to sell on the systemic shock."

LOS ANGELES (MarketWatch) -- China's official purchasing managers' index jumped to 54.7 in October, gaining from September's 53.8 reading, according to reported results Monday. Expectations for the index, published by the China Federation of Logistics and Purchasing, called for a drop to 52.9, according to separate survey forecasts from Dow Jones Newswires and Reuters. A privately compiled version of the PMI was due out later in the day from HBSC.

China's Goldilocks Omen has cast over the Great Wall anyway