02-11-2023, 01:36 PM
(02-11-2023, 09:51 AM)sgbuffett Wrote: HSI and Chin index makes yet another attempt to rally but with last 5 times will fail and international investors will take chnce to get out and cash out.As expected HSI lost much of its gains and A50 index goes negative
Reason is China hs not made any major effort to fix its economic problems just piecemeal patches that is causing investors to lose confidence and really not catching up with the growing problems.
HK and China index will peak early in the morning as the up move is just a knee jerk reaction to US Fed overnight and Dow rally. This cannot last as China problems remain unsolved.
SHORT.
Its downhill from here
Congrats to all who shorted.
![[Image: Q5xPBMV.jpg]](https://i.imgur.com/Q5xPBMV.jpg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.