[sgbuffett]

Expect HSI to remain weak. Pro traders will look for temporary rallies or breakdown of support levels to short.

China econimy remains weak and the 3rd Plenum turned out to be a big nothing and offer zero solutions to china's major problems.

FDI has collapsed.and money is leaving China permanently due to geo politics and internal changes under Xi.

Such an economy can only deteriorate downhill over time.

[WhatDoYouThink!]

Yr cpfoa still got stuck at 21k? No improvement for yrs?

[sgbuffett]

Peaked early today pro traders shorted now.sinking fast .

SHORT.

[Zannn]

Peaked early today pro traders shorted now.sinking fast .

SHORT.

Trade the ccp way, they won’t admit to change of policy but u notice during Covid what happen when it’s so bad, they sudden open. This is the time when economy is sooo bad

[sgbuffett]

Trade the ccp way, they won’t admit to change of policy but u notice during Covid what happen when it’s so bad, they sudden open. This is the time when economy is sooo bad

No choice then change. ...that whoel country protest then they change to the correct policy.

Otherwise they keep hojng kn wrong path.

[WhatDoYouThink!]

No choice then change. ...that whoel country protest then they change to the correct policy.

Otherwise they keep hojng kn wrong path.

So when are you going to change? Or you prefer not to disrupt the status quo?

[revealer]

No choice then change. ...that whoel country protest then they change to the correct policy.

Otherwise they keep hojng kn wrong path.

What they need is Xinomics like Abenomics and bidenomics. Ka ka hoot. But xi dare not move

[sgbuffett]

HSI try to have a weak rally ...Pro traders will short these ...easy money 95% chance it comes back down.

SHORT.

[Zannn]

Trade the ccp way, they won’t admit to change of policy but u notice during Covid what happen when it’s so bad, they sudden open. This is the time when economy is sooo bad

Sgbuffett tomorrow start to scratch head

[grotesqueness]

[teaserteam]

With China's lower rates not getting any market response and the Global and the US markets starting to do their market price correction, expect HSI to lose 17,000 to go into the 16,000 regions.

[sgbuffett]

HSI is sure to drop big given Dow and Nasdaq sharp falls. Good chance to short before market opening in anticipation of bigger falls later.

SHORT...

[Zannn]

HSI is sure to drop big given Dow and Nasdaq sharp falls. Good chance to short before market opening in anticipation of bigger falls later.

SHORT...

Can buy RI traders

[sgbuffett]

Can buy RI traders

Don't be a moron HK/Chuna market is in a downtrend ...buy will die!

[sgbuffett]

Note the sudden sharp fall of USD against Yuan.

I will covering all my short positions accumulated in past 2 weeks soon.

[sgbuffett]

I am covering my short positions NOW as a falling dollar is not compatible with falling HSI/China markets.

I need to backoff to observe  and understand what is going on.

As of now i have no more open short positions

[revealer]

Means a Fed rate cut is coming. Yen also rising.

https://www.bloomberg.com/opinion/articl...-rates-now

[Zannn]

I am covering my short positions NOW as a falling dollar is not compatible with falling HSI/China markets.

I need to backoff to observe  and understand what is going on.

As of now i have no more open short positions

Good job 2pm u will see why

[sgbuffett]

HSI continued falling another 60pts after I covered and closed 40pts below where I covered.

There us a very large movement of USD/CNY....that I cannot find reason for. In the past such movement js either due to Chinese govt stepping in or Fed easing.

[Zannn]

Can buy RI traders

Bro Buffett where is yr every morning “ hsi will fall through the day and short” message? Today don’t have?

[revealer]

He will soon say “morning peak formed”

[sgbuffett]

HSI continued falling another 60pts after I covered and closed 40pts below where I covered.

There us a very large movement of USD/CNY....that I cannot find reason for. In the past such movement js either due to Chinese govt stepping in or Fed easing.

HSI attempts to rally today. Pro traders have all covered their short positions profitably and will watch from the side or reverse to go long ....to add to the pain of those caught with short positions.

My plan is to stay at the side.

[Zannn]

HSI attempts to rally today. Pro traders have all covered their short positions profitably and will watch from the side or reverse to go long ....to add to the pain of those caught with short positions.

My plan is to stay at the side.

Sgbuffett come out short liao

[WhatDoYouThink!]

Ahbutt could be a wealth management advisor. He seems to know what the rich investors are doing

[Zannn]

Sgbuffett come out short liao

Bro Buffett, 17000 whole number breaking, are you coming out to shout short?

[sgbuffett]

HSI attempts to rally today. Pro traders have all covered their short positions profitably and will watch from the side or reverse to go long ....to add to the pain of those caught with short positions.

My plan is to stay at the side.

I already covered my shorts to watch the fireworks.
Today indeed kateks die pain pain if they did not cover at beginning of the day and waited...yesterday was a weak red day so many non pro traders  probbaly shorted 

There will probably be a massive short squeeze in the afternoon ...as pros squeeze the short sellers for their last drop of blood. ...correct way was to close short positions thjs morning but many  amateur traders probably held on hoping for prices to come down.

[revealer]

Nothing much changed fundamentally. HSI dropped yesterday and hit the support the support the 2nd time. It would reverse if it cannot get to clear the resistance around 17,500. The more time it hit the support, the likely will b the chance to break the support. Unless there’s a fundermental change in physical policy, likely HSI will fall again.

[Zannn]

Nothing much changed fundamentally. HSI dropped yesterday and hit the support the support the 2nd time. It would reverse if it cannot get to clear the resistance around 17,500.  The more time it hit the support,  the likely will b the chance to break the support.  Unless there’s a fundermental change in physical policy,  likely HSI will fall again.

17520

[Zannn]

Trade the ccp way, they won’t admit to change of policy but u notice during Covid what happen when it’s so bad, they sudden open. This is the time when economy is sooo bad

Policy shift to consumption

[sgbuffett]

Policy shift to consumption

Saying you will solve the problem is the first step only.
Solving the problem is next step.

Anyway I thought the housing problem is solvable by copying Singapore govt takeover of the private bus system. Make top 20 developers govt owned.and controlled by doing a debt for equity swap. Then centralise the management of these to  e a public housing service provided  by the govt. ...aka China HDB.

Since RMB is internally circulated they can print $$ to do this at a time when there is deflation so it won't cause inflation...and won't cause the govt a single cent.

By nationalising most of residential housing it completely solves one of the major problems of western societies.

Singapore HDB has already shown the way.