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+--- Thread: HSI corrects as fears of damaging trade war mounts .... (/Thread-HSI-corrects-as-fears-of-damaging-trade-war-mounts)
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RE: HSI faces selling pressure as it closes in on 20K level - victortan - 05-09-2023
(05-09-2023, 10:56 AM)sgbuffett Wrote: Please read the title....it says HSI is unable to stay above 20K level. Where js HSI now?Today Hsi could start to reverse?? I don knw.
I never say HSI is down from lowest point last yr.
Those who bought this yr anticipating China recovery lost money.
And things are not getting better in fact getting worse.
Wait n see. Maybe profit taking.
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 06-09-2023
To sgbuffet.....Just to share, no offence..from youtuber..hope not.
https://www.youtube.com/watch?v=yGkvotIWtEQ&list=TLPQMDUwOTIwMjPqhg_JbzRlww&index=1&ab_channel=RonWalker
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 06-09-2023
https://www.youtube.com/watch?v=gJOGsK0kKxo&list=TLPQMDUwOTIwMjPqhg_JbzRlww&index=5&ab_channel=GrahamStephan
tonite i sold another half, so now left 25% vested.
I just wait and see. left with big cap blue chip.
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 06-09-2023
(06-09-2023, 03:38 AM)victortan Wrote: https://www.youtube.com/watch?v=gJOGsK0kKxo&list=TLPQMDUwOTIwMjPqhg_JbzRlww&index=5&ab_channel=GrahamStephan
tonite i sold another half, so now left 25% vested.
I just wait and see. left with big cap blue chip.
Thanks for the information video
China economy is in big trouble due to mismanagement.
Many signs point to that.
Yuan keeps falling and weakening.
RE: HSI faces selling pressure as it closes in on 20K level - revealer - 06-09-2023
It would be very lucky for HSI and Shanghai to survive under so many dead crosses
![[Image: AVvXsEgXxH9f7s1cTa0ddJOiEMjdn7KUThjlcRxq...=w640-h531]](https://blogger.googleusercontent.com/img/a/AVvXsEgXxH9f7s1cTa0ddJOiEMjdn7KUThjlcRxqC9dPQ5Vonr1gEeAsMnMJXVR7Opm1Y7vjYZBebVGSu8rzy8eoZYQcbM5Ie04ffHzD-ZmWUUW-_R9ucprWCseWlz-QIAyQboZXbNGLOVaxfw3QP3TPQCujzwTCPediWer5nKp99NiKEVSLtMSVXmDU9c5j0Sw7=w640-h531)
https://skyjuiceiswater3.blogspot.com/2023/09/where-hong-kong-and-shanghai-bources.html
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 06-09-2023
(06-09-2023, 08:55 AM)revealer Wrote: It would be very lucky for HSI and Shanghai to survive under so many dead crosses
https://skyjuiceiswater3.blogspot.com/2023/09/where-hong-kong-and-shanghai-bources.html
Looks bad thanks for the chart
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 06-09-2023
The real danger is sharp fall of Chinese Yuan like Thai Baht in Asian crisis.
China made a big mistake to trade with Yuan putting Yuan in hands of countries like Argentina, Brazil with alot or USD debt. These countries take the Yuan and behind China's back convert to USD to pay their debts. This is teh dedollarisation backfire. Dedollarisation is a highly incompetent move because countries accumulating surplus need to invest this money or pay debts and both involve conversion to USD because US has the largest market for investible securities. By releasing Yuan outside China's currency controls, western speculators now can attack the Yuan.
Now speculators have alot of Yuan to short and selldown as China economy weaken.
Watch the Yuan.
Yuan has fallen to 16 yr lows and still falling.
![[Image: vQboBfC.png]](https://i.imgur.com/vQboBfC.png)
RE: HSI faces selling pressure as it closes in on 20K level - Zannn - 06-09-2023
(01-09-2023, 11:10 PM)Zannn Wrote: Oh no oh no Sgbuffett, u finally cut loss now for your shorts which u maxed out at 17700? Does this mean u agree/ see Hsi on up trend?
When sgbuffett cut loss on shorts, it really means market is going down. Great job sgbuffett u did it again!
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 06-09-2023
(06-09-2023, 09:48 AM)Zannn Wrote: When sgbuffett cut loss on shorts, it really means market is going down. Great job sgbuffett u did it again!I clearly said HSI will keep going down as Chjna ec9nkmy weakens.
Today drop again as I predicted.
RE: HSI faces selling pressure as it closes in on 20K level - Omnipresent88 - 06-09-2023
Amdk arse lickers stooge’s This type of guessing any Tom Dick and Harry can liao lah
https://media.tenor.com/cUG0Wnm8J1AAAAAM/three-stooges-hello.gif https://media.tenor.com/z9r-2Ur0eDAAAAAM/stooges-three.gif https://media.tenor.com/D9OA7X2sHGgAAAAM/three-stooges-larry.gif https://media.tenor.com/OqzQKMevr6oAAAAM/point-and-laugh-schadenfreude.gif https://media.tenor.com/xLKveNp-xMQAAAAM/laughing-laugh.gif
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 06-09-2023
No matter what. Wait nvr loss out. Worse is u are trap in a bull trap.
The most is buy dca. But I think tat is not now.
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 06-09-2023
(06-09-2023, 11:33 AM)Omnipresent88 Wrote: Amdk arse lickers stooge’s This type of guessing any Tom Dick and Harry can liao lah
https://media.tenor.com/cUG0Wnm8J1AAAAAM/three-stooges-hello.gif https://media.tenor.com/z9r-2Ur0eDAAAAAM/stooges-three.gif https://media.tenor.com/D9OA7X2sHGgAAAAM/three-stooges-larry.gif https://media.tenor.com/OqzQKMevr6oAAAAM/point-and-laugh-schadenfreude.gif https://media.tenor.com/xLKveNp-xMQAAAAM/laughing-laugh.gif
Dca. Long term is good. At least I know i buy a few bottom. Though may not be at the rock bottom.
Everyone also predict. Nothing wrong. No one knw the future.
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 06-09-2023
(06-09-2023, 11:28 AM)sgbuffett Wrote: I clearly said HSI will keep going down as Chjna ec9nkmy weakens.So did u trade the short. Hope u ok.
Today drop again as I predicted.
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 06-09-2023
According to source. China crises won’t affect US. because US direct investment is only 500b. I don know what this means also.
Hope so
RE: HSI faces selling pressure as it closes in on 20K level - Zannn - 06-09-2023
(06-09-2023, 11:28 AM)sgbuffett Wrote: I clearly said HSI will keep going down as Chjna ec9nkmy weakens.
Today drop again as I predicted.
U r only sure when u put the $ where mouth is. We see that when u say u shorted at 17700 and cut loss about 18700 le bro. Then rest u always say top traders do this and that and then always wrong. Sorry just stating the facts based on yr post
RE: HSI faces selling pressure as it closes in on 20K level - Omnipresent88 - 06-09-2023
All amdk arse lickers stooge’s jealous hor
https://youtu.be/4IFWRfShfLg?si=alc8FB82Pzp39A6_
Power hor cheo kau peng hor
https://media.tenor.com/xLKveNp-xMQAAAAM/laughing-laugh.gif
RE: HSI faces selling pressure as it closes in on 20K level - WhatDoYouThink! - 06-09-2023
![[Image: Screenshot-20230906-173103-Chrome.jpg]](https://i.ibb.co/fFMTsjP/Screenshot-20230906-173103-Chrome.jpg)
Alamak shouted whole day only drop 7 pts. And up 844 pts in last 2 weeks but din make any money?
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 06-09-2023
(06-09-2023, 05:34 PM)WhatDoYouThink! Wrote:
Alamak shouted whole day only drop 7 pts. And up 844 pts in last 2 weeks but din make any money?
Please refer to my thread that say HSI will come down from 20K level....it is 1600pts down ...and at the worst point was 2400pts down.
Today is just 2 days after China govt make many announcements about support measures and stimulus...
Market rose on Monday and by Wed lost all its gains.
I never say the market will down every day. On and off if will have fake rallies to lure people back in to lose their money.
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 07-09-2023
Up one day on Monday then non stop selloff next 3 days....
Today drop again....looks like freefalling.
![[Image: QYEGecf.jpg]](https://i.imgur.com/QYEGecf.jpg)
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 08-09-2023
HSI futures break 18000 level today.
18000 is a key support once taken out it will fall sharp.
Shorted today based on this technical analysis method.
RE: HSI faces selling pressure as it closes in on 20K level - Zannn - 08-09-2023
(08-09-2023, 09:59 AM)sgbuffett Wrote: HSI futures break 18000 level today.
18000 is a key support once taken out it will fall sharp.
Shorted today based on this technical analysis method.
After so many wrong guesses, this time is yr lucky bet
RE: HSI faces selling pressure as it closes in on 20K level - Omnipresent88 - 08-09-2023
Tom dick and Harry guessing liao lah
https://media.tenor.com/z9r-2Ur0eDAAAAAM/stooges-three.gif https://media.tenor.com/cUG0Wnm8J1AAAAAM/three-stooges-hello.gif https://media.tenor.com/xLKveNp-xMQAAAAM/laughing-laugh.gif
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 08-09-2023
Plunging.. congrats yo all who shorted.
![[Image: XvsVQLm.jpg]](https://i.imgur.com/XvsVQLm.jpg)
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 08-09-2023
Yuan falls to 16 yr lows ....dedollarisation pitfall.
https://www.reuters.com/markets/currencies/dollar-shines-us-economy-outperforms-yen-plumbs-10-month-low-2023-09-07/
RE: HSI faces selling pressure as it closes in on 20K level - sgbuffett - 08-09-2023
Yuan falls to 16 yr lows ....dedollarisation pitfall.
https://www.reuters.com/markets/currencies/dollar-shines-us-economy-outperforms-yen-plumbs-10-month-low-2023-09-07/
RE: HSI faces selling pressure as it closes in on 20K level - Zannn - 08-09-2023
(08-09-2023, 10:29 AM)sgbuffett Wrote: Plunging.. congrats yo all who shorted.
Don’t congrats yrself too early la, u short at 18k now still 18k
.
RE: HSI faces selling pressure as it closes in on 20K level - Omnipresent88 - 08-09-2023
Ooi discussing with stooge’s hiaz
https://media.tenor.com/oNaCRbvHu3oAAAAM/johnny-english-rowan-atkinson.gif
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 08-09-2023
(08-09-2023, 09:59 AM)sgbuffett Wrote: HSI futures break 18000 level today.
18000 is a key support once taken out it will fall sharp.
Shorted today based on this technical analysis method.
Good luck. My buddy add more position. Hope u make. Hv a stop loss.
RE: HSI faces selling pressure as it closes in on 20K level - victortan - 08-09-2023
HK no trading due to bad weather
RE: HSI faces selling pressure as it closes in on 20K level - WhatDoYouThink! - 08-09-2023
Trading cancelled, can short or not?