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Zetty
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Registration Date: 12-12-2023
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Local Time: 12-03-2025 at 02:34 AM
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Zetty's Most Liked Post
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RE: HSI breaks above 20K resistance ... ending 2 months of conslidation... 11-12-2024, 10:32 AM 1
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HSI rise above key 20K ... Trump tariffs fears subside as DeepSekk drive tech SG Talk
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(11-12-2024, 10:03 AM)sgbuffett Wrote:  I shorted many temporary rallies of HSI ....everytime it rallies no matter how convimcimg the boat returns to port. Even the Oct super rally lost more than half its gains and i made money shorting it as it came down

On the surface Monday this week looks.like a one day wonder
...a massive rally after the announcement and market turn negative the next day. Traders have flashbacks of the many false rallies of  the last 2 yrs and quickly sold and got out.

I want to just share why the monday announcemnet is different from all the previous measures. 

And if the market come.down yesterday to let you in plse take the opportunity.

1. Before the announcement there was a bad CPI number showing deflation is biting deeper.

2. The announcement for the first time strip away any optimism and acknowledge the serious trouble the economy is in.

3. They announce they will shuft to an easier monetary stance. Something they avoided for 15yrs since Great Fianncial Crisis because it is powerful but has many side effecfs one.of them.is causing bubbles. But there is no choice already as they have run out of time. ...and all other measures have been ineffective at tackling rising unemployment.

4. So they rather live with the side.effects than let the cancer keep spreading.

The HSI is roughly where it is simce this thread started(up 2%?)...the good miney was to trade all the swings ....swing up swing down and it ended in the same place as 1.5yrs ago.

But now my view is a longer term nassive rally is on the way. So traders take this oppprtunity to make big money.

Go LONG and make it a big one.
I keep my finger crossed. The problem with China is that they have lost massive amount of jobs and they are unlikely to get it back. So lowering rates may jump start many things , but will not be enough to get to their desired employment level. Their success model is to be factory of the world. Now that is severely damaged by the Americans. While I will join in the rally buy, I will be cautious things can turn sour after 1 or 2 months of no data improvement. In this enviroment, the most successful traders are roti prata flippers.

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