QUOTE(Hansel @ Aug 28 2019, 12:19 PM)
So,... bros,.. let's think forward, since we are investors,... when PLA enters and crosses into HK,..
Will the riots stop and suddenly the mkts improve ??
trade war also another factor need to see wo.
many investor now expecting coming Q result and sales all drop by quite amount of percent for some industry.
if PLA crosses HK, for riot factor it will be stop,but I think it is quite a bad signal so we might see drop another few thousand points for HSI.
Trump last monday suddenly say something surprise that's out of expectation of market, sudden drop of 1000 point is possible if we get something surprise
again.
This bear market trend already lasted for few months.
my personal opinion bad things still will come until next year new president election.The riot things definitely is not a short term things that can be settled
within weeks as well.
if one want to be contrarian investor to buy now ( since most investor selling or do nothing),just hunt little by little every week / 2 weeks since nobody can
guess the bottom. but look closely the supporting line HSI 24585 Oct 2018 last year and keep monitor major currency pair USD CNH. These is the two
indicator that market will continue worse off or not.
This post has been edited by foofoosasa: Aug 29 2019, 11:31 AM