查看完整版本: Monday crucial hope don't open high close low

Monday crucial hope don't open high close low

Monday likely open high 300-500
hope not too much selling pressure
if stand firm then hopefully further rebound
if close low then in the short term there'll may be further correction

Positive candlestick is just one aspect,,, usually I used at least 5-6 technical indicators to determine whether the correction is over or not,,,

1. index point up
2. positive candlestick
3. huge volume (e.g +90 b)
4. high advance/decline ratio
5. purchase order bigger than sell order when market closed
6. big hongs' big purchase
7. no divergence between % rebound and trading volume
8. back to MA support level (e.g. 150 day)
etc..

If most of these indicators were presented for 2-3 days. then I'm confident that the correction is over,,,

TRUST ME.....TOMORROW HSI INDEX WILL OPEN UP BY 600 POINTs....KEKEKE.....

[quote]原帖由 [i]vodkaboy[/i] 於 2007-8-19 22:45 發表
TRUST ME.....TOMORROW HSI INDEX WILL OPEN UP BY 600 POINTs....KEKEKE..... [/quote]
Up a lot now but let's see.:o:wondering::L

[quote]原帖由 [i]小花至愛[/i] 於 2007-8-19 12:27 發表
Positive candlestick is just one aspect,,, usually I used at least 5-6 technical indicators to determine whether the correction is over or not,,,

1. index point up
2. positive candlestick
3. h ... [/quote]

ALL INDICATORS are positive,,,, now is the time to consolidate above 100 & 150 moving average and gradually advance forward in September,,,

OVER

[quote]原帖由 [i]小花至愛[/i] 於 2007-8-20 18:32 發表


ALL INDICATORS are positive,,,, now is the time to consolidate above 100 & 150 moving average and gradually advance forward in September,,,

OVER [/quote]

but have to be careful
todays situation is distorted because China had this afternoon released the new Mainland residents personal investment in HK stock trial scheme
this is an unexpected good news
right now US stock is falling
some worry about HK tomorrow

[quote]Originally posted by [i]ytt[/i] at 2007-8-21 00:23


but have to be careful
todays situation is distorted because China had this afternoon released the new Mainland residents personal investment in HK stock trial scheme
this is an unexpected go ... [/quote]



If you are holding quality stocks for long run, don't worry about tomorrow.  You have to count it by years.  Every big correction coming, it is a good time to buy more.:)