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Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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Sunday, 8 February 2015

Journal HSI 2015/02/09

Last Friday HSI closed down 90 pts. As I guessed it was to anticipate poor CNY data. True enough, the data is below expected.
Saturday, February 7, 2015
21:38  CNYExports (YoY) (Jan)-3.3%6.3%9.7%
21:38  CNYImports (YoY) (Jan)-19.9%-3.0%-2.4%
21:38  CNYTrade Balance (Jan) 60.03B48.90B49.60B

On Monday HSI gapped down but slowly rebound and trend up as China loosen policy helps to cushion any pull back.



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