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Full Version: HSI and China market break support, look for more downside..
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(10-04-2024, 09:47 AM)Zannn Wrote: [ -> ]Market likes to wipe shorts like sgbuffett. Get ready for the rude shock

Super assurance by sgbuffett!

Sgbuffett are u ready for the ride?
Shorty butt still not too late to get out
(10-04-2024, 09:47 AM)Zannn Wrote: [ -> ]Market likes to wipe shorts like sgbuffett. Get ready for the rude shock

Super assurance by sgbuffett!

When HSI goes slightly above 17K pro traders will short and ambush those who bought high. ..17K is a proven resistance 

China HK economy remains weak and cannot sustain a rally.
(10-04-2024, 10:14 AM)FartSunKing Wrote: [ -> ]Me Simex trader for 13 years

Interacted with hundreds of full time traders

You hid under your mama's bed, masterbating HSI

Whereas I trades Index cfds every trading day

Today I had to cut my HSI shorts, real trades, real losses

U kpkb sgbuffett yet u followed his call to short HSI?  Laughing
(10-04-2024, 10:10 AM)sgbuffett Wrote: [ -> ]When HSI goes slightly above 17K pro traders will short and ambush those who bought high. ..17K is a proven resistance 

China HK economy remains weak and cannot sustain a rally.

Nothing can sustain, it’s about your entry and exit. Your entry for shorts is always wrongSmile
Ah butt,...this time it is really barbecue liao
(10-04-2024, 10:10 AM)sgbuffett Wrote: [ -> ]When HSI goes slightly above 17K pro traders will short and ambush those who bought high. ..17K is a proven resistance 

China HK economy remains weak and cannot sustain a rally.

Told uncut loss so many times after cny don’t believe, tell u rude shock don’t believe and dare to add shorts thinking 17k is too strong. Good luck
(10-04-2024, 10:51 AM)FartSunKing Wrote: [ -> ]He followed me today

I made my SHORT call first, in the  morning

Before the cash market opens for trading

Get it?

So it was u who brought sgbuffett to horland today.  Laughing
完了完了完了bbq 了, 为什么这样。为什么这样 Big Grin
(10-04-2024, 10:44 AM)Zannn Wrote: [ -> ]Told uncut loss so many times after cny don’t believe, tell u rude shock don’t believe and dare to add shorts thinking 17k is too strong. Good luck

Sgbuffett will be away from this tread for long…. Miss him
If it closes above 17k...tomorrow it will go even higher!!
(10-04-2024, 11:51 AM)pinkpanther Wrote: [ -> ]If it closes above 17k...tomorrow it will go even higher!!

HSI won't stay above 17K for long so fat everyone it goes above it comes down quickly.
(10-04-2024, 11:58 AM)sgbuffett Wrote: [ -> ]HSI won't stay above 17K for long so fat everyone it goes above it comes down quickly.

Expect another round of shorts squeeze tomorrow ah butt! Are you ready to be bbq?
(10-04-2024, 12:05 PM)pinkpanther Wrote: [ -> ]Expect another round of shorts squeeze tomorrow ah butt! Are you ready to be bbq?

I can withstand about 1000pts move agaisng me before I cut position size

Market does not move down in one straight line....so longer term traders riding the secular down trendtrend are always prepared for counter moves.

Anyway the market U turn down from 17K 4 times in 2 months.  Those waiting to sell to egt out will use the opportunity to do so otherwise wait long long for another chance.
(10-04-2024, 12:50 PM)sgbuffett Wrote: [ -> ]I can withstand about 1000pts move agaisng me before I cut position size

Market does not move down in one straight line....so longer term traders riding the secular down trendtrend are always prepared for counter moves.

Anyway the market U turn down from 17K 4 times in 2 months.  Those waiting to sell to egt out will use the opportunity to do so otherwise wait long long for another chance.

You have been cornered! No where to move..waiting to be slaughtered in a day or 2..
Better pray hsi don move up any further in the afternoon.
SSEC is not performing. There is still 1 hour to go and there is going to be a chance for HSI to break below 17,000 for the day. To see more correction for HSI, HSI must go below 20-day MA which is not a tall order as SSEC has already broken it 2 days ago.

[Image: Screenshot-2024-04-10-140749.jpg]
As expected HSsi will turn down from 17K strong resistance level and resume its secular down trend.

Congrats to all who took the chance to short high when the market rose yesterday.
(11-04-2024, 07:54 AM)sgbuffett Wrote: [ -> ]As expected HSsi will turn down from 17K strong resistance level and resume its secular down trend.

Congrats to all who took the chance to short high when the market rose yesterday.

You dug your own grave....hopefully we don get to bury you inside later Big Grin
(11-04-2024, 07:54 AM)sgbuffett Wrote: [ -> ]As expected HSsi will turn down from 17K strong resistance level and resume its secular down trend.

Congrats to all who took the chance to short high when the market rose yesterday.

U can shout short now pls?
(11-04-2024, 09:34 AM)Zannn Wrote: [ -> ]U can shout short now pls?


Sgbuffett shout short pls!! Need yr reverse power
Some people went to bargain hunt today after the market dropped.

It's a terrible idea... they will soon face losses.
(11-04-2024, 03:03 PM)sgbuffett Wrote: [ -> ]Some people went to bargain hunt today after the market dropped.

It's a terrible idea... they will soon face losses.

Are you sextisfied with how hsi perform today? Close above 17k again!
Drop 0.26% is plunge? No wonder sg drops from the smartest city to 5th
(11-04-2024, 03:03 PM)sgbuffett Wrote: [ -> ]Some people went to bargain hunt today after the market dropped.

It's a terrible idea... they will soon face losses.

Super assurance!!
Ping An said about 3 weeks ago its bottom line affected by the market and net income fell 30%.

https://www.bloomberg.com/news/articles/...nvestments

Nobody expected it to be this bad until this news came out. One of its subsidiaries is one of the biggest property bondholders in China.

https://www.reuters.com/world/china/ping...024-04-11/
(12-04-2024, 09:37 AM)teaserteam Wrote: [ -> ]Ping An said about 3 weeks ago its bottom line affected by the market and net income fell 30%. 

https://www.bloomberg.com/news/articles/...nvestments

Nobody expected it to be this bad until this news came out.  One of its subsidiaries is one of the biggest property bondholders in China. 

https://www.reuters.com/world/china/ping...024-04-11/

Pin An going down in distress shows how bad situation is
As expected HSI sell-off at 17K level pro traders toom advantage to short when market attempted another fail rally


[Image: yagxXyP.jpeg]
(12-04-2024, 09:45 AM)sgbuffett Wrote: [ -> ]Pin An going down in distress shows how bad situation is

The Chinese news media took it calmly and never report much. It appears that this is not the first time PingAn Trust has a payment problem. for example, this article said the PingAn Trust XiangYuan No 92's payment was deferred for many years. The Trust was issued on MAY 27,2020, which was 2 years ago. There are others; looks like a common happening so long as there is no default declared and no bankruptcy filings. All are just waiting for the property price to recover.

https://finance.sina.cn/2024-04-11/detai...%3ELD77.CC&vt=4&cid=76642&node_id=76642
Suggest to short HSI only when it breaks below 20 MA with volume going above 20MA in volume

[Image: Screenshot-2024-04-12-123638.jpg]