btw, got an email from itrade that there is now this "hk-shanghai connect", can buy shanghai online now?

yok70, i have been monitoring HSI and China A50m lately. been shorting via put nwarrants at klse. decent profit. but very very volatile. a swing of 200 points easily within minutes.i love them as there are opportunities for trading, high frequency type. HK share? i got no ideas at all as my $$$ coulkd not stretch that far, lol

Some saying China is doing what US was doing back in great depression. Trying to stop a runaway train.
Their govt now stepping in to back stop the drop... some even call it Xi Jinping PUT. 

Not sure if it will work or not because they're only protecting the blue chips stocks.  Some small caps and no name overvalue companies are still being kicked down because uncles/aunties/taxi drivers all want their money back, the very moment it rises back, they will sell and some just throw in the towel and never turn back. There's a lot fear now and some are very angry at their govt for encouraging them to buy stocks when the market has doubled in value within 12 months time with PE at skyrocket level.

one more thing...I told my remisier about foreigners comment on china shares as over valued, over leveraged n overbought, trading at 80x for the china A shares (thats wat I read) but my remisier kept telling me its about confidence and made  projections for another round of new highs at china !!! lucky I dint believe the bullssheet. hahhaha...me not that stupid afterall.
but he has tips for me every morning and teaching me jap candles and financial ratios !!!
I never buy those bullsheet. thank goodneess !!!!

gamblers in panic mode.

shanghai down >8%, again!

will wait for it to fall another 20% before considering.

Tsiparas just told the people who voted "No" to "F off" by officially submitted
"a request for a three-year loan facility from the European Stability Mechanism also promising to implement tax reform, and pension measures at the beginning of next week, which had been the biggest sticking point in negotiations for the past 5 months"

   

Unreadable drama. No wonder futures rocketing again, this is Spartan rally.

chinese pobc bank provide money support to brokerage house to help maintain customer margin play !!!
wow. good enough for the aunts and uncles to survive...for a while.
euuro is green with major markets +1/2% and more. no cheap stuff tonite lor?

hut hut...!
big bull tonite.

gotta dump shorts n go long....

u miseed last night la... 122.xx, now futures 123.xx already...

Waah so cheap meh... support is at 120-lah.

I sold the 120 puts yesterday during the bear raid just to see if it can happen
Don't think so.. lots of buyers waiting here.
Also, luckily took profit for FXP. Tonight Chinese bulls charge.. 

latest ....

greek has 5 hours to submit a concrete and clear proposal to creditors. else its 'lights off' and no weekend nego.

Something to pass along for you guys while waiting for the drama to escalate further.


also closed my China long today. Don't feel comfortable with the sudden-rally and it's Friday tommorrow.
-taking pic down since I am not suppose to post it, damn. +$50k profit in less than 14hrs. ASHR put options.

-my 4th edited post ever since I step into this USA stock discussion lair.

For those who are interested to buy the fruits.
One word - OMG.

WoW! Greece situation resolved! Bailout accepted.

Waahh.. maybe I will get it after all.  One more day to go..

Markets (as in all futures) are rallying due to the fact that ciparak dared to submit this bailout proposal despite it was being rejected by the Spartans. 

Step 1 - Bailout proposal (F,U, Spartans vote) [check]
Step 2 - vote by Parliment [awaiting]
Step 3 - revise by EU finance ministers [awaiting]
Step 4 - revise by EU leaders (well literally the German Lady that's matter) [awaiting]