[teaserteam]

Testing 17,600..

17,600 gone, next 17,200 and that could not hold, 17,000

[sgbuffett]

17,600 gone,  next 17,200 and that could not hold,  17,000

Only reason why some investors still holding is they hope for some.massive stimulus from 3rd Plenum.

Once don't have they will sell down further as China econkmy remains very weak.

[sgbuffett]

Cascading lower lows

Easy to make by shorting each time it tries to rally

[teaserteam]

Cascading lower lows

Easy to make by shorting each time it tries to rally

Lower lows lower high.. not much hope for upswing. So far, they talk only, do only the minimum if any, unlike the Japanese, hoog the interest rates to below zero instead of waiting for it to drop to zero eventually.

[revealer]

Lower lows lower high.. not much hope for upswing.  So far,  they talk only,  do only the minimum if any,  unlike the Japanese,  hoog the interest rates to below zero instead of waiting for it to drop to zero eventually.

One reason they dare not move like the Japs is becos there’ll b a lot to lose if the drastic moves do not work as expected. But still,  they should bite the bullets when the Gov financial is still strong.  To stop the vicious cycle of debt in private sector naturally will b slow and painful

[sgbuffett]

One reason they dare not move like the Japs is becos there’ll b a lot to lose if the drastic moves do not work as expected. But still,  they should bite the bullets when the Gov financial is still strong.  To stop the vicious cycle of debt in private sector will b slow and painful

They cannot make big moves and try bigger policy action because of poor relations with Europe and IS. Should something go wrong these 2 giants are more than happy to see China sink ....given China itself is trying to take down US through dedollarisatiin ....US will bring Chuna down before it can do this.

Japan has support of US and EU should they enter a crisis that js serious US will step in.

Remember the Asian Crisis. ...that time US had reasonably good relations with the countries caught in the storm except for Dr. M who like to bad mouth US. In the end US did 3 quick  rate cuts and rescued the entire region...but make the dictators like Suharto and Thai military govt kow tow to democracy. S.Korea govt also collapsed and became a democracy. IMF, world bank also step in to rescue.

If China go into crisis, they will just let it collapse.

[WhatDoYouThink!]

Then your dirty messy little flat how? Still dirty and messy?

[sgbuffett]

https://www.thestar.com.my/business/busi...woes-weigh

[sgbuffett]

Pro traders covered their short positions ahead of today's CPI data.

Shorting likely to resume once the CPI data comes out and confirm deflationary pressures.

China econkmic problems are not a 1-2yr thing...it is  secular change.

Take this opportunity to make good money trading China/HK down trend.

https://www.sharecast.com/news/company-n...54272.html

[p1acebo]

Kateks die pain! pain!

[sgbuffett]

Peak formed for this morning...Pro traders start shorting

[Zannn]

Pro traders covered their short positions ahead of today's CPI data.

Shorting likely to resume once the CPI data comes out and confirm deflationary pressures.

China econkmic problems are not a 1-2yr thing...it is  secular change.

Take this opportunity to make good money trading China/HK down trend.

https://www.sharecast.com/news/company-n...54272.html

Lol

[sgbuffett]

As expected morning peak formed for the day and HSI starts sinking down remainder of trading session
 
This is most reliable trading pattern that pros use to make ...

[teaserteam]

Looks like any standard pattern. Shortists earn kao siao.

[sgbuffett]

I expect HSI to show teb standard pattern...try to rally then selldown

[Tee tiong huat]

17,600 gone,  next 17,200 and that could not hold,  17,000

Sirkalee like Singapore SGX, donkey years hold and don't go up or down - all stuck at about ST-3000 plus marks for 10, 20 maybe 30 years no change.

[Tee tiong huat]

Looks like any standard pattern.  Shortists earn kao siao.

Yes!!!, U r very right - Shortlist by players who is doing shorting....Same in Singapore Exch trading market....

[Tee tiong huat]

Lower lows lower high.. not much hope for upswing.  So far,  they talk only,  do only the minimum if any,  unlike the Japanese,  hoog the interest rates to below zero instead of waiting for it to drop to zero eventually.

Sing like STl-3000 and tell and sing again, can lehh...  some, maybe a few stocks can go up temporary, can move go up lehh. But moving down chances is more...for eg like SEATRIUM Limited (SGX: S51) and another one like S'pore listed YOMA shares plunge yesterday Wed 10/07/2024. As chairman meets with Myanmar authorities. 

As S'pore listed YOMA shares plunge as it chairman has to meets up those Myanmar junta authorities bosses. Yoma Strategic Holdings sank by -22%

[Zannn]

I expect HSI to show teb standard pattern...try to rally then selldown

Everyday Sunday?

[Zannn]

I expect HSI to show teb standard pattern...try to rally then selldown

Prata flip soon

[sgbuffett]

I expect HSI to show teb standard pattern...try to rally then selldown

Just like clock work...morning pewk form HSI sinking.
Congrats to all who shorted.

[teaserteam]

As long as the private sectors are heavily in debt,  the economy and therefore the stock markets will not go much higher. 

The private sector contributes more than 50 percent of the tax revenue, more than 60 percent of the GDP, and over 70 percent of the technological innovations; it also provides more than 80 percent of the urban employment and accounts for more than 90 percent of market entities in China.

http://english.scio.gov.cn/m/pressroom/2...295756.htm

[Zannn]

Prata flip soon

Flipping soon

[sgbuffett]

Medium term chart....lower highs lower lows
= HSI still in a downtrend until unless reversal.is confirmed ..

One should trade in the direction.of the trend.

[Zannn]

Medium term chart....lower highs lower lows
= HSI still in a downtrend until unless reversal.is confirmed ..

One should trade in the direction.of the trend.

Since u r pro, so when is the trend change?

[winbig]

Medium term chart....lower highs lower lows
= HSI still in a downtrend until unless reversal.is confirmed ..

One should trade in the direction.of the trend.

Unless I'm colour blind, HSI is green leh.

[revealer]

Unless I'm colour blind, HSI is green leh.

Cannot b everyday red lah. They never go on a straight line down.

[sgbuffett]

Unless I'm colour blind, HSI is green leh.

After falling g for 8 whole weeks during which short sellers make like no yomorrow .today go up temporary..

Likely due to US CPI nunber to be released tonight. Short sellers took profits by covering their short positions causing a temporary rally.

Fundamental nothing changed. Economic situation  remains very bad.

Technically very strong resistance at 18K level 

Market is still down...learn to read trends...the trend Nissan your friend.

[Zannn]

Just like clock work...morning pewk form HSI sinking.
Congrats to all who shorted.

Congrats to those who believe sgbuffett is the best reverse indicator. Hsi up another 80 pts. Can take profit now!

[Zannn]

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

lol sg buffet. Just when u see so many bad news and shorted, market know it’s time to harvest