10-12-2024, 06:47 AM
(10-12-2024, 04:27 AM)sgbuffett Wrote: So far all rallies have failed.
There has been 4 to 5 bear rallies starting with the when China ended its zero covid and recent one when China unleash stomulus the market peaked on 8 Oct.
Now we have another run. One has to be damn stupid to think this is sustainable.
The thing is without the Chinese economy coming back in a sustainable manner these rallies are build on hope and come back to reality quickly.
Traders go in with their eyes open and look at the situation in China objectively. There are many headwinds.
Dont forget Trump will take office and start his tariff war.
So early flip prata? Can I have a prata kosong?