Haha, you need to be careful ar, 3a4b5c6c, the market is still not stable.
Yes, strong Yen will weight the market. However, very luckily that Dow has reached 13,000 and there should be some support there. I share with you some of my observation before to support my thinking.
I remember when Dow was still at around 11,200 (1.5 or 2 years ago ??) and encounter strong resistance. I dropped very quickly and finally find the bottom at 10,000, and rebound very quick and back to 11,000.
Another example is that as long as I remember when Dow 12,8XX in last Feburary, it encounter strong resistance there and drop very quickly and touch 12,000. Finally it found support at 12,000 and rebound very quickly to 13,7XX.
Therefore, my thinking is that don't underestimate the support at 13,000. It might provide Dow some support. (this could not be applied in HK market)
引用:
原帖由 3a4b5c6c 於 2007-8-15 19:21 發表
HSI really depends on how many more bad news coming from around the world.
21200 could be supportive line, but doesn't seem strong now, could down to 20800 soon. Since JPY getting strong, ...
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本帖最後由 cherryjasonchan 於 2007-8-15 23:31 編輯 ]