If this is Armageddon why are Chinese stocks only 12% off this year's highs?

Discussion in 'Trading' started by Daal, Mar 20, 2020.

  1. tommcginnis

    tommcginnis

    "Red Dawn, man! RED DAWN!!!"


    :D
     
    #11     Mar 20, 2020
  2. dozu888

    dozu888

    because this sell off is a shake and scoop operation!
     
    #12     Mar 20, 2020
  3. SunTrader

    SunTrader

    "We have met the enemy and he is us".

    China just needs to sits tight while we implode.

    And accuse them of skulduggery.
     
    #13     Mar 20, 2020
    comagnum, zdreg and tommcginnis like this.
  4. Hey man, I'm just pointing out what I see. There are the local Chinese, who I know, and these guys. Could be doing some recon for the Winne.

    I will say, the guy who most represents the description I gave above looked incredibly stressed.

    So.. Strange Chinese guy, non-local, confident, upward posture, walking around my area looking stressed. That's why I started noticing these guys. This LOOKED like what I'd expect an older, active soldier to look like.

    Could also be a ER doctor, I suppose. But no doctors live around these parts.
     
    #14     Mar 20, 2020
  5. dozu888

    dozu888

    BS is the only logical explanation.

    if SP suffers 10% earning loss where does the 33% down come from.. forward earning yield considering the 10% loss will be around 5.5% while treasury is yielding 1%.

    They are doing this to collect inventory.
     
    #15     Mar 20, 2020
  6. SunTrader

    SunTrader

    any-of-you-guys-call-me-francis-and-ill-kill-.png
     
    #16     Mar 20, 2020
  7. ironchef

    ironchef

    #17     Mar 20, 2020
  8. ironchef

    ironchef

    China is in more hurt than they let you know.
     
    #18     Mar 20, 2020
    trader99 likes this.
  9. Overnight

    Overnight

    Hey, be sure to qualify that. The Red Dawn I remember was the one with the Soviets. The remake was with the Chinese.

    Sad.
     
    #19     Mar 20, 2020
  10. dozu888

    dozu888

    well long term there is no doubt, A shares is not investment grade... too much accounting bs going on there.

    by the way forget the SPY.. QQQ is the only game in town.
     
    #20     Mar 20, 2020