[sgbuffett]

I will stop shorting today as HSI appear to have found strength at a key regression line. See the chart below

Once HSI get back above 20K level it will mark a safe level from which a reversal from downtrend can take place.

The retail nunbers from last weak shows Chuna economy stabilising and the chinese govt should build on it.

As a chaotic Trump  administration takes over the white house, global.investors may not be so happy to put money in overvalued US equitues. Many of Trump policies are inflationary and involve debt expansion whuch brings closer the day of reckoning for US equities.

There is also firming of property prices in HK which marks an end to the property slump there.

yesterday incestors were more focus on HSI than the HSTech index this shows that investor $$ not speculation $$ is ckmjng in.

 Oct 2024 saw the the most rapid run up of a major market in recent years. The selloff is just profit taking driven by impatience of short term speculators who would never wait around for the China economy to turn on stimulus. The market had to throw them out to have a more sustainable rally.

All the best fellow traders, we are dynamic to the situation and the behavior of the market.