To The Moon

is the great china sale on? fund managers are trimming their allocations in chinese companies as china kept loan prime rate the same and chinese stimulus do not appear effective. 

however, china exceeded its gdp goal of 5%, achieving 5.2%. the economists are predicting growth of 4.6% in 2024. 

as predicted in my previous article "massive chinese rally coming soon", this is the best time to accumulate$LION OCBC HSTECH ETF S$(HST.SI)$ . if you take a look at its pnf, its all time low is 0.48. if you accumulate at each 10% drop, you would be able to achieve a low cost price. a cautionary note, always invest with spare money, that is money you will not need for daily usage or even emergencies. 

if you take a look at china's gdp chart, it has rebounded from a low of 2.9%. the chinese property crisis will remain a drag on the economy for a long time, it would most probably have been priced in. 

another reason for the massive drop might be president trump making a comeback by taking down iowa easily. president trump had been hard on china during his term. 

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@Asphen for sharing your insights

merci beaucoup@koolgal for wonderful posts

merci beaucoup@TigerStars for reviewing our posts

merci beaucoup@TigerWire for interesting topics