5 replies to this topic

[nicolasillo]

I have posted the same chart I think couple of days back....maybe at the end of October sometime...just that you don t tell me I came out and posted the chart after the big drop today.....I was sleeping anyway when this happened

[Mr Dev]

[nicolasillo]

yes I know and it s included in the graph (it s a monthly graph). I also believe that it needs to go further down in order to say that it s over......

Edited by nicolasillo, 05 November 2007 - 04:08 AM.

[greenie]

Look, 5% is not a big drop....maybe it is in US, but not in China, Hong Kong or India. They will recover it in 2 days.

[zedor]

Bear Porn -- loveley 5% drop. More to come for sure. We have two major events to add to the wall of worry -- Pakistan on the brink and Citi going under --- slowly of course and 11 billion at a time. Dont want no run on the bank like in England. Bulls will of course say both events are booolish walls of wonder thingies. Let em buy all the stock they want. HOW can one short HK? Chomping at the bit here.

[OEXCHAOS]

I'm not at all clear that the parabolic is broken. I'd still be careful. That said, maybe a short Hang Seng, long Shanghai pairs trade makes sense. When it really goes, the Hang Seng will go first, I'll warrant. If not, the Shanghai will continue higher.