[WhatDoYouThink!]

Ahbutt claimed to be an investor, but now confirmed a daily trader? Trading for a living? Sounds more like a gambler

[teaserteam]

Ahbutt claimed to be an investor, but now confirmed a daily trader? Trading for a living? Sounds more like a gambler

Now then you know he is one of the day traders?  Anyway,  HSI will test 17,600.

[WhatDoYouThink!]

Aiya one can pluck any number from the sky. Most importantly can one make money or not? Without talent, skill, credentials and luck? Got anything to show?

[victortan]

wow, look gg for 13000 over time.. nice place to buy..

[revealer]

China Government bonds (CGB) on fire now. Pple r selling their stocks to buy CGB. Dun hold yr stocks. Sure die one.

[sgbuffett]

China Government bonds (CGB) on fire now.  Pple r selling their stocks to buy CGB.  Dun hold yr stocks.  Sure die one.

At some point the yield will be too low or negative and teh rush will stop.

[grotesqueness]

[revealer]

At some point the yield will be too low or negative and teh rush will stop.

Think it would b like Japanese. Improving by decades. Japan actually forced rates below zero. That quickened the dropping of yield rates

[sgbuffett]

Think it would b like Japanese. Improving by decades.  Japan actually forced rates below zero. That quickened the dropping  of yield rates

China has many parallel with Japan....except the Yuan is conyrol through offshore and onshore. This currency controls will help Yuan avoid the fate of Yen being the prostitute currency use for carry trades and speculation.

I still believe China can control the forex risks.

They should have learned what happend to Japan.
Also Jaoan zombie it's econkmy with zero rates allow lousy debt ridden companies to survive. China already had the big purge of last 3yrs and rates have not hit zero.

I think it's not going to be exactly the same as Japan.

[grotesqueness]

China has many parallel with Japan....except the Yuan is conyrol through offshore and onshore. This currency controls will help Yuan avoid the fate of Yen being the prostitute currency use for carry trades and speculation.

I still believe China can control the forex risks.

They should have learned what happend to Japan.
Also Jaoan zombie it's econkmy with zero rates allow lousy debt ridden companies to survive. China already had the big purge of last 3yrs and rates have not hit zero.

I think it's not going to be exactly the same as Japan.

it is a matter of time

eventually yuan will..................

[WhatDoYouThink!]

Aiya china has over 200m graduates. Dun worry let them sort out their problems and meanwhile you tidy up your house first, make it more presentable ok

[revealer]

Wow. Going down again!!!

[Zannn]

Above js the posting I made 6 weeks ago on 21 May 2024 identify the peak of HSI. From that point I start shorting....there were a few fake rallies but we are now hear exactly at 18K level....a 50% retracement of the rally that's started from Feb.

I did a further analysis yesterday.
1. State own firms banks and some high dividend stocks held up well.

2. Tech stocks esp more popular names like Alibaba, HD and Baidu sold off alot....20%.

3. Yuan weakened considerably during the seldown.

4. As of last week buyers step in to bargain hunt tech stocks so the HSI fall stopped.

Pro traders will be looking at confirmation of reversal and startbof new rally at this point marked by a strong UP day of 3-4%

912am at 18050 pts once sgbuffett change his view to long, Hsi plunge straight down. Holy crab best reverse indicator! When sgbuffett and his pros start to see a long, market knew mass majority is in and kill


It’s been a long time Hsi did such a steep one day fall.

Quote from pros:

“
Pro traders will be looking at confirmation of reversal and startbof new rally at this point marked by a strong UP day of 3-4%”

[sgbuffett]

912am at 18050 pts once sgbuffett change his view to long, Hsi plunge straight down. Holy crab best reverse indicator! When sgbuffett and his pros start to see a long, market knew mass majority is in and kill


It’s been a long time Hsi did such a steep one day fall.

Quote from pros:

“
Pro traders will be looking at confirmation of reversal and startbof new rally at this point marked by a strong UP day of 3-4%”

Plse read my post carefully. I covered my shorts but worte that you need to see market reversal confirmed before going long.

Apparently Chuna still have problems and there is no confidence.

[WhatDoYouThink!]

Aiya talked so much but still got nothing valuable or presentable to show

[revealer]

China has many parallel with Japan....except the Yuan is conyrol through offshore and onshore. This currency controls will help Yuan avoid the fate of Yen being the prostitute currency use for carry trades and speculation.

I still believe China can control the forex risks.

They should have learned what happend to Japan.
Also Jaoan zombie it's econkmy with zero rates allow lousy debt ridden companies to survive. China already had the big purge of last 3yrs and rates have not hit zero.

I think it's not going to be exactly the same as Japan.

Currency control is a double edge sword. If it can help the economy in bad times, the Japs would hv adopted it. The cons of currency control will out weight the pros when China badly needed external trades to help its economy.    Now that China is fighting against using us dollars.  Capital controls in China will only b a stumbling block.  China might even take longer time than necessary to recover.

[Omnipresent88]

https://media.tenor.com/HBfCrG3Zm5gAAAAM...ngebob.gif https://media.tenor.com/CcEAffiJHjMAAAAM...onsoon.gif https://media.tenor.com/CFVIVCpjT9MAAAAM...-laugh.gif https://media.tenor.com/-bWE2E_hsl4AAAAM...ughing.gif

[sgbuffett]

Currency control is a double edge sword. If it can help the economy in bad times, the Japs would hv adopted it. The cons of currency control will out weight the pros when China badly needed external trades to help its economy.    Now that China is fighting against using us dollars.  Capital controls in China will only b a stumbling block.  China might even take longer time than necessary to recover.

Indonesia, Brazil, India Europe and US block China exports with tariffs ...this closes China last path out of its current economic problems.

De-dollarisation is a red herring that cannot work with so many BRICs nation owning debts in USD that needs to be repaid...they will need more USD now as interest rate is high.

[Omnipresent88]

https://media.tenor.com/YzW6KKvqbXYAAAAM...stupid.gif https://media.tenor.com/HBfCrG3Zm5gAAAAM...ngebob.gif https://media.tenor.com/CcEAffiJHjMAAAAM...onsoon.gif https://media.tenor.com/CFVIVCpjT9MAAAAM...-laugh.gif https://media.tenor.com/-bWE2E_hsl4AAAAM...ughing.gif

[winbig]

https://www.businesstimes.com.sg/compani...ward-trend

[sgbuffett]

https://www.businesstimes.com.sg/compani...ward-trend

Person who wrote article does not know the meaning of the word TREND....one day rise is not a TREND

[sgbuffett]

As expected another red down day for HSI and China markets
Difficult to sustain any rally guevn the current state of China economy especially the property sector dragging down ..


Pro traders will short 

[teaserteam]

Now then you know he is one of the day traders?  Anyway,  HSI will test 17,600.

Testing 17,600..

[victortan]

over time gg for 13000,,, run while u can and buy there later..

it is not cut loss, but loss less. get out first and buy more later at 13000..then yr chance of breaking even or even profit
are greater,

dont stay and see it drop everyday and heart broken without action.

[WhatDoYouThink!]

16000 is a better support, sure can make mobey

[Zannn]

As expected another red down day for HSI and China markets
Difficult to sustain any rally guevn the current state of China economy especially the property sector dragging down ..


Pro traders will short 

When sgbuffett is very confident, expect big Buffet and his prata soon

[sgbuffett]

over time gg for 13000,,, run while u can and buy there later..

it is not cut loss, but loss less. get out first and buy more later at 13000..then yr chance of breaking even or even profit
are greater,

dont stay and see it drop everyday and heart broken without action.

If own any HK stocks get out first can always buy back at cheaper prices.

Traders will make from the downtrend of HSI

[sgbuffett]

When sgbuffett is very confident, expect big Buffet and his prata soon

I am.confifent HSI will close down today....I dare bet with you if you think otherwise.

[sgbuffett]

China 3rd Plenum expected to be disappointing. Downtrend continues ....HS Tech jn correction territory ....US markets reach new historic highs as US economy gets stronger.

[grotesqueness]