16-11-2023, 05:02 AM
(16-11-2023, 04:22 AM)sgbuffett Wrote: Due to hype surrounding Xi visit to US China stocks rally.
When Xi returns to China they will resume downtrend when hype is over.
The market does not go up or down in one straight line.
It always sucker people back in.
The naive will see the temporary bounce and rush in.
Expert traders will see this as temporary rally...they will ride it an d get out
China economy remains weak with housing slump and debt problems.
Housing slump and debt problems are not forever. Important question is has the bottom reached? On the other hand, market also will not go up forever.