19-10-2024, 10:30 AM
(19-10-2024, 10:24 AM)sgbuffett Wrote: To put thjngs in perspective HSI close the week 400+pts down and is red for the week.
People are fickle and cheering because of the Friday jump when China govt announced support for the market. But looking at how much market sank for the week.
Think what happened after th Chuna govt promise to prop up the market in April 2024.
The market prop up peak in May and lose momentum and sank for 3 months sank until lows of August 2024
Remember and be wary of what can happen.
Base on the month, HSI is up 15%..how can you judge base on this week
