HSI breaks below 20K support ... as investors brace themselves for Trump tariffs

HSI and SSE will be under pressure to perform as the US stocks slump as they expect a recession. However, some said money might move back from the US market to the Chinese market. We will see



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Just like previous days morning peak coming soon for an opportunity to short.

A50 temporarily rally ending soon.

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Poor silly katek Laughing

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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A50 peak formed ....sinking fast.

Pro traders will short as the rally is temporary

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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Sinkjng fast congrats to all who shorted.
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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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How cum many times when you went long the market turns down immediately ha? Managed to cut loss?
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(19-12-2024, 10:01 AM)sgbuffett Wrote:  A50 peak formed ....sinking fast.

Pro traders will short as the rally is temporary

[Image: FzrPlhr.jpeg]
Sinking
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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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The Central Government's debt swap for local governments' debt is not enough. they are now selling record Dim Sum Bonds offshore to raise money. This is despite Beijing's calls to reduce debt sales.

https://www.businesstimes.com.sg/compani...curbs-bite



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(19-12-2024, 10:43 AM)teaserteam Wrote:  The Central Government's debt swap for local governments' debt is not enough.  they are now selling record Dim Sum Bonds offshore to raise money.  This is despite  Beijing's calls to reduce debt sales.

https://www.businesstimes.com.sg/compani...curbs-bite

Who would buy these? Is it guaranteed by central govt?

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Even a stopped clock is correct twice a day Laughing

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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(19-12-2024, 08:48 AM)sgbuffett Wrote:  Yesterday Fed cut ratea but announce it will slow the rate cuts as US economy is too strong.

This is very bad for HK and China as they cannnot ease  otherwise Yuan will PLUNGE. Yuan fell over night to weakest level in months against US$. 

As with previous days look for opportunities to short.

Congrats to all who shorted big gains on the way.

Your verdict is bullshite.

Watch and listen to what Powell says - the primary objective of lesser rate cuts is to tame inflation.
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The China HK rmarket emains weak.
Rallies are temporary and have presented opportunities for shorting.

However the strength in these market is deteriorating and shorting the downtrend may be the best strategy

I expect the HSI and A50 to open down and sink theoughout the day.

Congrats to all who shorted.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(Yesterday, 08:39 AM)sgbuffett Wrote:  The China HK rmarket emains weak.
Rallies are temporary and have presented opportunities for shorting.

However the strength in these market is deteriorating and shorting the downtrend may be the best strategy

I expect the HSI and A50 to open down and sink theoughout the day.

Congrats to all who shorted.

Anyone who did what you suggested is getting their arses canned with short covering today. 

Call yourself a trader?   Laughing
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While there are perma bulls and perma bears, sgbuffet is a perma clown Laughing

Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
[+] 1 user Likes p1acebo's post
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Why Sgbutt no postings in this thread today?
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Must be very confused. Long then market down. Short then market up
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(Yesterday, 02:32 PM)WhatDoYouThink! Wrote:  Must be very confused. Long then market down. Short then market up

Which goes to show that it's useless to predict the market. 

Real profitable traders trade based on price action and volume when they see it in REAL TIME.  Not a single profitable trader that I know of boasts about his predictive abilities and never allows personal opinions to over rule what the market is doing.  It's a mechanical activity and doesn't need a lot of brains to process as it depends on procedural memory.
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True. The market is unpredictable, dun waste time to predit it. Leave that to the very rare talent, or some future AI researchers. The market is aso irrational, no point writing down points after point trying to justify yr next move
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