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I'm watching the same thing, a coincidence?Unfortunately
The Hang Seng (HSI) continues her magnificent Fall from Grace today
Surely, It must be getting time for the Chinese Plunge Team to go into action
Sailing the HSI "SOUTH" ------------- One Day at a Time
Intra-day sighting is Down 4.5% so far in just a couple of few hours
View attachment 148431
The question is: will this be enough to derail the rebound.the US market will give us an indication as to where our bhp rio etc will head to.Unfortunately
The Hang Seng (HSI) continues her magnificent Fall from Grace today
Surely, It must be getting time for the Chinese Plunge Team to go into action
Sailing the HSI "SOUTH" ------------- One Day at a Time
Intra-day sighting is Down 4.5% so far in just a couple of few hours
View attachment 148431
Hong Kong having a big belly ache.....wondering if foreign investors there are trying not to have diarrhoea....the Xi kerfuffle.
I was wondering that too, frog. How much this will affect our market esp iron ore. I wasn't able to work it out, so sold all what I bought on Friday. Better safe than sorry, I thought. (Hope I've made the right decision) All the best for your holdings, frog
Thank you for your reassurance, Captain. I'm out so will start again tomorrow."This is not the Time for Tight Stops" IMHO
The Problem with Tight Stops is that you can get Slaughtered like Pigs
These are the times for Sailing with "No Stops at All "
Just back your Seamanship Skills
If you are any good at Sea ?
You will hold on Tight
View attachment 148439
PS ; On a very Novice Fundamentalist view of events
Is there still a JAPAN an INDIA and ENGLAND?
Hello Captain, I'm sending out an SOS. Can you see anything on the horizon? This calmness has me thinking............hope you see good news? Hang Seng down 518 as I type....Ahoy Brave and Loyal Crew
Hold on tight!
Here comes the Greedy Landlubbers/Novice Fund Managers as the 200 Day Moving Average BREAKS OUT
Sailing the All Ords ------One Day at a Time
View attachment 149185
I Love a Nice Looking Bottom
Don't You?
Bon Voyage and Stay Well
View attachment 149186
And Please Remember to
"HOLD on Tight"
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