SG Talk

Gostan already lah....heavy fire at 20k mark!
Sell in May and walk away!

Up or down, he's always right. But got anything to show or not?

Peak formed ...Big Boys show hand and did so befoer 20K critical level that I have identified.

Not a good sign ...don't expect quick recovery. China stimulus now assessed to be insufficient not enough for econkmy to recover.

(21-05-2024, 02:11 PM)pinkpanther Wrote: [ -> ]Gostan already lah....heavy fire at 20k mark!
Sell in May and walk away!

5 out of 5  sell in may is correct strategy.

(21-05-2024, 09:04 PM)sgbuffett Wrote: [ -> ]5 out of 5  sell in may is correct strategy.

Sgbuffett turn bear already!! Traders position ready!

Pro traders will trim positions before sell-off gets worse.

Only beginners go jn to bargain hunt as HSI has run up so much a bigger correction is warranted.

HSI is bearish looking. likely to lose 19,000 to cover the candlestick gaps.

HSI falls below 19000 key levels.

This will trigger more selling as traders get out before it goes lower and lower.

(23-05-2024, 10:42 AM)sgbuffett Wrote: [ -> ]HSI falls below 19000 key levels.

This will trigger more selling as traders get out before it goes lower and lower.

Traders, sgbuffett make clear he is bearish. Hoot arrr

HSI future sink further. Near term SHORT trades will be profitable and momentum continues to push market down.

(24-05-2024, 07:24 AM)sgbuffett Wrote: [ -> ]HSI future sink further. Near term SHORT trades will be profitable and momentum continues to push market down.

Can you also ask your reverse indicator Handbag Loo to stop crowing about US markets?

Every time he shout cheong the US markets do the reverse.  His RI skills more potent than yours

Got to change the thread title again 😆

HSI futures now can short as I observe it opens snd drop more when overniggt DOW close sharply negative.

This is quite easy to make

Beginning to yield. But HSI and the rest of the World market are still bullish. Not very stable at the moment.

(24-05-2024, 08:18 AM)sgbuffett Wrote: [ -> ]HSI futures now can short as I observe it opens snd drop more when overniggt DOW close sharply negative.

This is quite easy to make

When sgbuffett shouted Short, means it’s time to long!

Very weak adding to shorts for short term traders will be a standard move for pro traders.

Short Positions Show Waning Confidence in China Stocks Rally
Bearish bets against China ETFs rise to most in three years
Short positions on iShares ex-China EM ETF falls to near zero

By Srinivasan Sivabalan
21 May 2024 at 19:36 GMT+8
Updated on 21 May 2024 at 21:12 GMT+8

US short sellers are betting that the rally in Chinese stocks has run its course and capital will rotate back to emerging markets outside China.

Bearish wagers against BlackRock Inc.’s iShares China Large-Cap Exchange Traded Fund, which buys Hong Kong equities such as Tencent Holdings Ltd. and Meituan, jumped last week to the highest level since October 2020, according to S&P Global data. Similar positions against an iShares ETF that invests in both Hong Kong.

"HSI reverses downtrend confirmed at 17650..time to go long!"

You just changed the thread title?

The recent and latest rallies in China and HK must have been propped up by the rumor of China coming up with a housing policy to tame the property crisis.  Now that this rumor has become a piece of news,  one would expect the stock market to descend.

Another chance to short as HSI tries against to rally.
19000 is strong resistance and will provide safety for short sellers.

Pro traders will short this temporary rally.

HSI makes another attempt to rally. 19K is strong resistance so upside is limited ...most likely pro traders will sell before it reached 19k

Another chance for short term traders to short for quick gains


Now starting to come.down.

Exactly as expect HSI bang head atb19K strong resistance and fell.

Pro traders will short as they assess 19K to be strong resistance

Attemp to break 19K  has failed expect HSI to downhill for rest of today

(28-05-2024, 10:30 AM)sgbuffett Wrote: [ -> ]Exactly as expect HSI bang head atb19K strong resistance and fell.

Pro traders will short as they assess 19K to be strong resistance

Attemp to break 19K  has failed expect HSI to downhill for rest of today

Why must break 19k today? Can rest a bit, fill up the gap then break 19k?

They set the trap.

(24-05-2024, 11:06 AM)sgbuffett Wrote: [ -> ]Very weak adding to shorts for short term traders will be a standard move for pro traders.

Why this trade u did not say exactly as expected.

Bulls have given up HSInlooks weak.

Pro traders to short at this level 

Sinking fastvlooks like more bad news coming in China economy. Pro traders are shorting ahead.

(29-05-2024, 09:56 AM)sgbuffett Wrote: [ -> ]Sinking fastvlooks like more bad news coming in China economy. Pro traders are shorting ahead.

Yr long trade holding and holding, profit is getting peanuts

Sinking fast as Pro traders short....

HSI is now close to 18400 support level. This level is strong and HSI will rebound despite being weak throughout the day. Pro traders will start BUYING.l now and for rest of today.