Soros recently took advantage of the sharp drop in Hong Kong stocks and wanted to short again. Didn’t I feel very willing to lose in 1998 and want to get the game back 20 years later?
Grand Communiqué reported on the 16th that Soros recently established a large number of short positions:
On August 13, the total trading volume of futures and options on the Hong Kong Stock Exchange and the trading volume of small Hang Seng Index Futures hit a new high. "Conservative estimates were made that Soros and his gang held 100,000 short positions in 1998, and this time it is expected to be no less than 200,000."
Hong Kong stocks began to rebound on September 2, and a big positive line broke out on September 4, and on September 5, Soros began to sell short futures orders in large quantities, wanting to stop loss and leave the market.
result Hong Kong Stock Exchange electronic trading system failed on the 5th, and decided to suspend derivative product market trading from 2 pm.
There is news that this is , the Hong Kong Stock Exchange , closed down to fight the dog. Soros was defeated again in this battle, with an estimated loss of HK$2.4 billion.
or above is basically news reports, but Xiaoyao doesn't think so.
Let’s take a look at the trend chart of the Hang Seng Index.
August 13, Hong Kong stocks fell seriously diverged. Will Soros' level chase short at this position? When the trading volume of the date index hits a new high, it may not be a position opening, but perhaps a position closing.
1929 When Livermore shorted the US stock market, it closed its positions during the accelerated decline. This is a common negative and panic closing position, because at this time, sells more , and it is easier to buy back and close the position, and it will not increase the price.
September 5th, maybe I saw a big positive line, and I guess it would rebound, so I would flatten the rest.
This is Xiaoyao's speculation. Xiaoyao thinks that if Soros opens short, he will open short at least on July 31. Even if Hong Kong stocks rebound a lot, they will still make more or less profits and will not lose.
is not to increase others' ambitions and destroy one's own majesty. Xiaoyao just feels that Soros' level is not so LOW, and even Xiaoyao will not be empty in this position.
Of course, it may also be that Xiaoyao overestimates Soros. Basically, people who read articles are traders or investors. We only talk about trading, only talk about the turmoil and not the turmoil.
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