[p1acebo]

It beats me why sgbuffett is so fixated on China's tales of woe, even on issues unrelated to trading. As a day trader charting trends in the stock market, he is also into fundamentals scrutiny. I believe it's possible for astute chartists to extrapolate future developments from past trends, but if they also fixate on the fundamentals, they're likely to get mixed signals which may lead to confusion.

For this reason, many pure chartists do not intensely  read and follow the economic news filtering through from the Chinese mainland as doing so may interfere with their trading decisions. On the other hand, people who base their trading strategy on the fundamentals are usually long-term investors who, unlike the chartists, do not swear by the charts as a way of second-guessing the market.

I think one should either do technical trading or trade on the fundamentals. Mix the two up with a plethora of information will add to the confusion, with a jack-of-all-trades, master of none rearing his head.

It's extremely difficult to ride the market's short-term waves - the intraday trading, the hit-and-run short bets. You win some, you lose some, as ah but said, but will almost always end up in a deficit. It's just not worth your time, effort, the paltry profits, if any, and the high levels of anxiety that comes with it. So go for the medium or long-term trades if you don't want to meet your waterloo.

All said and done, Sgbuffet is a very confused person