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Monday, 1 December 2014

Shanghai composite index - SSE expecting some blocking reaction at 2700.

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The chinese shanghai stock index , SSE,  has been on a rocket ride   eversince the HK-Shanghai link was "mooted" in Jul .. but now the shanghai bull looks abit tired ..it may need a rest before charging some more . expecting some reaction down at 2700 monday morning 1 dec.

One more thing , recently in line with our bearish oil view,  we initiated our second round of  big shorts on oil stocks like Ezra , Mirach , Ezion, Sembmar, Kepcorp  etc ..which shall be discussion topic of our next post.. This is our second wave of shorts , our first wave of big shorts was started  in Oct   as represented by our shorts in  RH petro  , sinoGrand( click here) .

and oh yes, juz last thurs 27 nov  , we  closed our big short on biosensor ( click here) and  oso   closed our long on Valuetronics breakout after catching its bottom( click here)  

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