So you are a counter-trend trader? HOY was back in February, all downhill since. What's going to change to cause price to reverse? I much prefer to short what is going down and buy what is going up.
merde! there're a lot of communist sympathizers on this board! those fair weather "fans" hypocrites! .
"Communism will end in China with a good old capitalist crash" --George Soros I think it is from Soros on Soros?
that’s right, on the back of people’s mind, namely piketty in recent best selling book on wealth redistribution. communism is theorized and practiced by two famous secular jews, mind you. china is in no way a real commie state. in all seriousness, microeconomics 101, demand and supply, elasticity and substitution, work the same way throughout history regardless ideology. in macroeconomics, you got into ideology, winston, teddy, and all the rebuildings post war, world bank, imf, to present day trump, bradon, we were all keynes.
in time, when ccp is done, there will be another authoritative dynasty. some are lucky to see the rise of an empire, some are unfornature to see the fall.
Or who drives a BMW (or MBZ). However, I do admit, few of us are the equal of those "Crazy Rich Asians".