Yet another Hong Kong stock lost most of its value in a sudden one-day drop. Some are concerned that the $5.2 trillion market has become a breeding ground for wild volatility. Then again, some are looking at the volatility as an opportunity to make fast profits.
Why Stock Markets Crash: Critical Events in Complex Financial Systems by Didier Sornette (Princeton Science Library) … If signed in you are awarded 2 SayTokens for clicking link (Note that I get commission for anything you put in shopping cart and purchase shortly after clicking this link. Thanks.)
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I have some big beautiful balls but they aren’t big enough to play the Hong Kong Market.
Actually, I am afraid of the US market as well. Even the stocks that are priced reasonable could see a huge price drop when the overvalued stocks take a dive.