Market waves
$HSI Futures(OCT4) (HSImain.HK)$ $Alibaba (BABA.US)$ what goes up, must come down. Don’t be surprise if tomorrow -3%. No market can go up in one straight line. It has been over extended and due for a pullback very soon.
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104675325 : look at the futures bro. toooo strong to go down
cong li : liquidity is going out of US to other regions because of rate cuts, for those haters of "not investable" market, this is denial phase
YuriKatz : you mean they will be moving back to previous $300 level soon right? what goes down must come up back theory right?
cong li YuriKatz : maybe not on this single ticker (BABA) IMO, but the overall asian market may resume the upward trend, there has been already 7 years this index going nowhere, and all the doomers if you listened to them you may get out of the echo chamber now because they're repeating the same thing over and over again, they want to short the market let them be
cong li : and even though I were right I should keep quiet, I need to keep my mouth shut because I would be shunned by the crowd, but you know sometimes you just want to speak up because you just felt disgusted, but it's fine, I'll be silent
Detached House : Gu Gu bird soup no more, yours is what? Abalone soup? You know how to read the weekly chart?
SunSang : Enjoy dreaming