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HSI poise for big bounce up as shortsellers failed to get out yesterday. - Printable Version

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HSI poise for big bounce up as shortsellers failed to get out yesterday. - sgbuffett - 24-08-2021

HSI is always a speculator's/trader's market.

The short-term volatility is higher than long term as traders pile in big positions to bet on direction.

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RE: HSI poise for big bounce up as shortsellers failed to get out yesterday. - A2Z - 24-08-2021

In other exchanges you need to borrow to short so shorts do take a longer view of few weeks, months just pay interest rates only. Here we SBL account too. Heard from a friend last month a guy made at least 100m by such method still not yet cover positions.


RE: HSI poise for big bounce up as shortsellers failed to get out yesterday. - sgbuffett - 24-08-2021

Nicely buffed up

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But the really big short positions are in China Tech listed in HK. If you compare Shenzhen A shares where they are not allowed to short the tech stocks did not move down....but in HK they were sold down like no tomorrow.

Now they are surging up....


RE: HSI poise for big bounce up as shortsellers failed to get out yesterday. - sgbuffett - 24-08-2021

JD up almost 10% today.

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