4 ms·

so what's gonna happen tomorrow?

Mikeb85 11y ago
Either another drop, or maybe a rebound? My money's on a drop, the SSE is only now crossing the 150 day moving average. But it won't last too much longer. I'd start freeing up some money to buy shares, but be very cautious for the immediate future.
- curiousjorge 11y ago
  what makes you think it will rebound? btw, god damn, we need a HN for traders.
  - jldugger 11y ago
    You already have Yahoo message boards. And it's crappy, but I suspect it's at least 50 percent not Yahoo's fault.
  - Mikeb85 11y ago
    I don't think it'll rebound tomorrow, but it will eventually (next week?). The fundamentals are all the same, the valuations just got too high. Right now its just panic selling. Most of the stocks I'm following are still higher than I bought them for initially.
    - curiousjorge 11y ago
      what makes you believe this is a panic selling? not trying to put you on the spotlight, genuinely curious to hear all sides
      - Mikeb85 11y ago
        Just the fact that nothing has changed fundamentally. The companies are more or less the same as a month ago.
        rrggrr 11y ago
        Must disagree. The companies asset values are in decline. Raw materials, machinery, real estate... All down. A bounce in bids cannot change the underlying reality.
        Mikeb85 11y ago
        A decrease in the cost of inputs is good for businesses. China will be fine.
        TheRubyist 11y ago
        aren't the cost of input the lowest in the world already in china ? Why they go down if so ?
  - ant6n 11y ago
    seeking alpha?
  - caseyf7 11y ago
    Traders use Bloomberg.
  - meric 11y ago
    Get in when the market P/E is 1 or 2, and dividend yield is extraordinary high, and market capitalisations are less than current cash holdings. (I've actually done that and so far my money in that company doubled.)
  - Mikeb85 11y ago
    My timing was off a little but, it's rebounding. I got in on a great trade in a Hong Kong listed stock (BYD - 1211.HK) - not at the perfect time (missed the bottom), but a good enough time to be up 20% right now. The China indices (Shanghai and Shenzhen) are up over 10% in the last 2 sessions as well.
PublicEnemy111 11y ago
Looks like a big move is going to happen in US markets judging by afterhours being very in the red
wodzu 11y ago
It won't be contained in China, that of we can be sure of in todays global economy. If things will continue in the same direction we can expect at least a mild recession in China. That will have a large knock-off effect on the world economy. Slower growth in China will result in a slower growth everywhere else.
- forgetsusername 11y ago
  >If things will continue in the same direction we can expect at least a mild recession in China. A recession? China's GDP grew over 7% last year. You think it's going negative because a stock bubble is retracing some of it's ludicrous gains?

Either another drop, or maybe a rebound? My money's on a drop, the SSE is only now crossing the 150 day moving average. But it won't last too much longer. I'd start freeing up some money to buy shares, but be very cautious for the immediate future.

curiousjorge 11y ago
what makes you think it will rebound? btw, god damn, we need a HN for traders.
- jldugger 11y ago
  You already have Yahoo message boards. And it's crappy, but I suspect it's at least 50 percent not Yahoo's fault.
- Mikeb85 11y ago
  I don't think it'll rebound tomorrow, but it will eventually (next week?). The fundamentals are all the same, the valuations just got too high. Right now its just panic selling. Most of the stocks I'm following are still higher than I bought them for initially.
  - curiousjorge 11y ago
    what makes you believe this is a panic selling? not trying to put you on the spotlight, genuinely curious to hear all sides
    - Mikeb85 11y ago
      Just the fact that nothing has changed fundamentally. The companies are more or less the same as a month ago.
      - rrggrr 11y ago
        Must disagree. The companies asset values are in decline. Raw materials, machinery, real estate... All down. A bounce in bids cannot change the underlying reality.
        Mikeb85 11y ago
        A decrease in the cost of inputs is good for businesses. China will be fine.
        TheRubyist 11y ago
        aren't the cost of input the lowest in the world already in china ? Why they go down if so ?
- ant6n 11y ago
  seeking alpha?
- caseyf7 11y ago
  Traders use Bloomberg.
- meric 11y ago
  Get in when the market P/E is 1 or 2, and dividend yield is extraordinary high, and market capitalisations are less than current cash holdings. (I've actually done that and so far my money in that company doubled.)
- Mikeb85 11y ago
  My timing was off a little but, it's rebounding. I got in on a great trade in a Hong Kong listed stock (BYD - 1211.HK) - not at the perfect time (missed the bottom), but a good enough time to be up 20% right now. The China indices (Shanghai and Shenzhen) are up over 10% in the last 2 sessions as well.

PublicEnemy111 11y ago

Looks like a big move is going to happen in US markets judging by afterhours being very in the red

wodzu 11y ago

It won't be contained in China, that of we can be sure of in todays global economy. If things will continue in the same direction we can expect at least a mild recession in China. That will have a large knock-off effect on the world economy. Slower growth in China will result in a slower growth everywhere else.

forgetsusername 11y ago
>If things will continue in the same direction we can expect at least a mild recession in China. A recession? China's GDP grew over 7% last year. You think it's going negative because a stock bubble is retracing some of it's ludicrous gains?