$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $37...
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $37 is the 20-day moving average we should expect to see buyers come in in this general area it's not an exact science 37 to 38 is a buck it could go 36 and 3/4 it could go 37 and a half but right in this general area we should have some buyers coming in.
I just listened to a money manager one of the few that I have a lot of respect for and he is saying that China's stimulus is going to be putting what chairman Powell is doing to shame that they are going to pump so much money into their economy that their stocks will go higher much higher and that he was waiting and he listed the big ones Alibaba do to come down to their moving averages and then he was going to go in and buy. and if you see in my opinion A reversal of these largest companies the ones that he mentioned the ones that I just did it will trickle down to the next tier Chinese companies as well they're all going to generally rally together so in the biggest ones turn and they're sustained rallies you can go in and buy I believe any of the next tier Chinese stocks and enjoy the ride up.
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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股海踏浪 : There are not many foolish leeks left, are you still thinking about cutting foolish leeks?
10baggerbamm OP 股海踏浪 : something obviously didn't translate well I have no idea what you're trying to say
151734828 10baggerbamm OP : lol it’s a Chinese metaphor, you cut chives and they grow back, can you relate it to stock market?
10baggerbamm OP 151734828 : no you lost me I'd prefer a fastball right across the plate that way I know what you're talking about
jeson 股海踏浪 : You are just a beautiful leek. Haha
151734828 10baggerbamm OP : Basically means taking advantage of naive investors.
10baggerbamm OP 151734828 : so you're trying to say that I have the ability because of my write-up to move this stock that I'm taking advantage of naive investors because of my opinion on where I think support is going to be.. that's what you're saying?
I sure hope it isn't because it's not as if I generate a commission not I'm not a stockbroker I don't charge a per share fee so how is it I would be taking advantage of other people I don't really get it. I listen to the responses that people give and they're about as useless as Biden and Harris's answer of don't which gets ignored by every terrorist group around the world so one word answers are useless I try to put a little bit more thought and explaining the reasons why I like something and why I'm going to buy it at a certain price rather than just throw out a number which is basically like throwing a dart