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Read the news below and what the analyst.
It says the Chjna/HK market went up because of CEWC meeting jn china and the analyst said that investors might become disappointed becauee there will be no details given jn the announcement after the meeting just broad statements.
Really makes you wonder who these investors are who bet money and are so blur they have the wrong expectations. It has already happened 6 or 7 times when announcment are made then investors selloff...analyst come out to say they are disappointed because of "lack of details" from a meeting that is not suppose to produce details.
What js really happening is short sellers stop short selling before these meetings due to uncertainty. Only after the meeting announcment comes out then they resume short selling. It has nothing to do with investors getting disappointed with "lack of details".
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: 12-12-2024, 01:27 PM by
sgbuffett.)
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(12-12-2024, 01:23 PM)sgbuffett Wrote: Read the news below and what the analyst.
It says the Chjna/HK market went up because of CEWC meeting jn china and the analyst said that investors might become disappointed becauee there will be no details given jn the announcement after the meeting just broad statements.
Really makes you wonder who these investors are who bet money and are so blur they have the wrong expectations. It has already happened 6 or 7 times when announcment are made then investors selloff...analyst come out to say they are disappointed because of "lack of details" from a meeting that is not suppose to produce details.
What js really happening is short sellers stop short selling before these meetings due to uncertainty. Only after the meeting announcment comes out then they resume short selling. It has nothing to do with investors getting disappointed with "lack of details".
What they said is true as the market will b disappointed if nothing much is announced. Short term players and contrarians might want to take risk and punt and speculate against for various reasons. That is their prerogative. It will not change the situation in a longer term.
Omni is in my ignored list. This works well like he always bumps my post for me all the time. Thank u Omni.
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(This post was last modified: 12-12-2024, 01:54 PM by
revealer.)
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(12-12-2024, 12:13 PM)winbig Wrote: Cos people already cheated by him so no chance to get cheated by course peddlers 
Actually people didn't directly lose money by reading his posts since he doesn't charge anyone for his "advice". But indirectly yes.
The real purpose of all his posts is really to stroke his own ego, by predicting this and that. Many of his predictions are merely random guess that is equivalent to gambling. May make some small money which is ok for him since his expense is low, but not for others. There is no sure way of making money other than investing in good stocks with good growth and fundamentals. Even that way is not guaranteed.
Anyone who reads his posts and follows his trading style is bound to land up in misery, or at least, his health will be greatly affected since this kind of trading involves full concentration at looking at movements of prices - the stress will kill you over the long term. Totally not worth all the effort as you'll just spend money going to the doctors.
In summary, any new birds here MUST avoid following his tips.
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(12-12-2024, 11:19 AM)sgbuffett Wrote: Here is the same chart update to current time now 11:18am.
You can see what happened exactly at 11am.
Once you can understand this. You can do intraday trading.
![[Image: WvnA7D4.jpeg]](https://i.imgur.com/WvnA7D4.jpeg)
Can share how to intra day trade when u don’t even know will likely up or down, even if u know some movement coming? Still 50/50 gamble big small correct?
(This post was last modified: 12-12-2024, 06:42 PM by
Zannn.)
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All Longists Huat
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(12-12-2024, 02:38 PM)Blasterlord2 Wrote: Actually people didn't directly lose money by reading his posts since he doesn't charge anyone for his "advice". But indirectly yes.
The real purpose of all his posts is really to stroke his own ego, by predicting this and that. Many of his predictions are merely random guess that is equivalent to gambling. May make some small money which is ok for him since his expense is low, but not for others. There is no sure way of making money other than investing in good stocks with good growth and fundamentals. Even that way is not guaranteed.
Anyone who reads his posts and follows his trading style is bound to land up in misery, or at least, his health will be greatly affected since this kind of trading involves full concentration at looking at movements of prices - the stress will kill you over the long term. Totally not worth all the effort as you'll just spend money going to the doctors.
In summary, any new birds here MUST avoid following his tips.
100% right on.
No serious and real trader would bother to post his so-called tips in a low traffic anoymous forum like sgtalk except to brag on non achievements.
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