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I am covering my shorts now as towards yr end I will trade only half day to enjoy the rest of day without market stress .
..
Another easy win using disappointment from China announcement
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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(This post was last modified: 18-10-2024, 10:33 AM by
sgbuffett.)
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(18-10-2024, 10:21 AM)sgbuffett Wrote: 4.6% growth miss target of 5%...market is disappoint ed.
5% is for full year of 2024.
3rd Q estimate is 4.5%.
3rd Q 4.6% growth is beating the 4.5% 3rd Q estimate.
It is a beat for 3rd Q.
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(18-10-2024, 10:14 AM)sgbuffett Wrote: Sinking fast ....congrats to all who shorted.
![[Image: xK8cuKD.jpeg]](https://i.imgur.com/xK8cuKD.jpeg)
Rally after digesting the data. Yr miss expected is wrong
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(18-10-2024, 10:35 AM)Zannn Wrote: Rally after digesting the data. Yr miss expected is wrong
As long as you see selling jnstead of buying means traders and investors are disappointed in their immediately reactoon.
What happens later on is another matter....
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
>
(This post was last modified: 18-10-2024, 10:43 AM by
sgbuffett.)
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(18-10-2024, 10:35 AM)Zannn Wrote: Rally after digesting the data. Yr miss expected is wrong
correct.
you will become reverse indicator if you interpret data reversely.
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Results were not really bad. The response was lukewarm. Investors might have a higher expectation.
Omi.. Thank you for bumping up the message.
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How come Ah Butt did not give regular updates like yesterday? Where is that bugger?
Thinking is difficult, that's why most people judge
Carl Jung
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Lost his way at holland village?
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