IMHO, 18500 is the end of correction, March reports would be generally okay, so the reasonable index range could go up 5-10% [around 18500-22000],,, This year high could be 22000-24000, after that could be a pool of stagnant water until the 2008 Beijing OG for a big drop after unrealistic and excessive optimism,,,

Today would be crucial,,, if index goes up +150-250, obviously there is collection by big hongs and strong players,,, and small potatoes won't do anything but watching until the index reached +19500,,,

Basic factors are okay,

if today index goes up gradually for +150-250, then STRONG BUY on good stock like HSBC, local utilities, realties,,,

OVER

引用:

原帖由 peninsula 於 2007-3-6 08:01 發表

Agreed. I have taken position of PUT.

better take profit within this week when index is below 19000,,, or else the consolidation is over,,,, could be back to 19500 very quickly

2nd step,,,,

Currently would be consolidation around 18800 - 19200,,, then +19500 before Chinese stocks release their reports, then could go either up or down,,,,

While the pagemaster and other 淡友 looking for fruther adjustment,,, I have been getting profit after profit by collecting after the 777 drop,,,

A correction will come after breaking new high,,, sell in May and walk away la,,,

My thread in another forum, just for reference

http://www11.discuss.com.hk/view ... p;extra=&page=1

[ 本帖最後由 小花至愛 於 2007-4-5 02:15 編輯 ]

引用:

原帖由 peninsula 於 2007-4-8 06:59 發表

You may be right as now, funds are pushing up index and then getting ready for a major correction!

not just now,

you have been missing the +1500 raise in index by waiting unrealistically, even the index would be dropping next time, there is hard to know if it is a correction or bear,,, but last time obviously is a moderate correction,,,  

[ 本帖最後由 小花至愛 於 2007-4-8 08:57 編輯 ]