13-12-2024, 09:43 AM
(12-12-2024, 01:23 PM)sgbuffett Wrote: Read the news below and what the analyst.
It says the Chjna/HK market went up because of CEWC meeting jn china and the analyst said that investors might become disappointed becauee there will be no details given jn the announcement after the meeting just broad statements.
Really makes you wonder who these investors are who bet money and are so blur they have the wrong expectations. It has already happened 6 or 7 times when announcment are made then investors selloff...analyst come out to say they are disappointed because of "lack of details" from a meeting that is not suppose to produce details.
What js really happening is short sellers stop short selling before these meetings due to uncertainty. Only after the meeting announcment comes out then they resume short selling. It has nothing to do with investors getting disappointed with "lack of details".
As expected market is sold down after announcement by CEWC meeting. This is 8 out of 8 times this hapoened. Once market fall reuters and bloomberg will come out to say the announcement lack details and investors are disappointed. All along this meeting js not supposed to announce details.
For those waiting to buy. You should wait to see how far the short sellers will push down the market before entering.
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