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Sep 21 2021 12:54pm
What are we thinking about Evergrande?
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Sep 21 2021 12:57pm
IMO it's not going to be world-shattering like Lehman unless it crashes the entire Chinese housing market.

And it may well crash the entire Chinese housing market. I've been hearing about for 10 years how China's housing market is the largest bubble in the history of capitalism.
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Sep 21 2021 01:08pm
no one knows for sure.. right now its definitely making ppl fearful. Likely a small pump in the road. Could be a large bump who knows? But yesterday's red in the US market was from ppls fears of
evergrande defaulting shit might hit the fan.


CCP will come out as winners on this no doubt they will create a stronger grip on the Chinese market. Would be interesting to watch China let the to big to fail actually fail like I wanted to see in 08.
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Sep 21 2021 01:11pm
I've sold off my relatively sideways trading long term plays, can buy back for essentially free in a few weeks if things blow over. Just holding onto my GMEme for solidarity at this point.

Hopefully my managed funds are OK.

This post was edited by 18nomaUSEast on Sep 21 2021 01:11pm
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Sep 21 2021 01:30pm
Quote (18nomaUSEast @ Sep 21 2021 12:11pm)
I've sold off my relatively sideways trading long term plays, can buy back for essentially free in a few weeks if things blow over. Just holding onto my GMEme for solidarity at this point.

Hopefully my managed funds are OK.


is GME and AMC still shorted? I'd figure they'd be out by now
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Sep 21 2021 01:35pm
Quote (aaron9999 @ 21 Sep 2021 15:30)
is GME and AMC still shorted? I'd figure they'd be out by now


I have only one share of GME which I have just for the meme... my price basis is so low that IDC of its value.
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Sep 21 2021 01:54pm
well chinese markets fully open on Thursday. This is definitely interesting to watch what will happen :O

if you think it will make a huge wave this kinda your time to jump ship. if not ride it out

This post was edited by aaron9999 on Sep 21 2021 01:55pm
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Sep 21 2021 02:35pm
Quote (aaron9999 @ 21 Sep 2021 15:54)
well chinese markets fully open on Thursday. This is definitely interesting to watch what will happen :O

if you think it will make a huge wave this kinda your time to jump ship. if not ride it out


i might get vvvvv lucky

i'm moving a lot of cash into a new pension fund next week, maybe i'll get lucky on the pricing out of sheer serendipity
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