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Re: Hang Sing Elliott Wave Count



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> Hi Yorker:
>
> Your argument above is indeed a very insightful and  valid one.  In fact, this
> scenario of the Hang Seng Index has been kept in the back of my mind ever
> since I started to suspect the possibility of a  five-wave corrective phase.
> This, AT LEAST, gives out a warning to me that the current corrections may not
> be the whole of the corrective phase.  I had a chat with my mentor not long
> ago and he, also, painted a very grim picture of the index.  He was quite
> specific to certain areas of  levels and timeframe.  He went on saying that at
> around the 7,000 levels, stock investors should long the market without
> hesitation and ALWAYS make use of protective trailing profit stops once in and
> by the year 2003 (give or take), we'll see the Hang Seng Index at the 2,000
> levels.  To put it another way, we are just a few years away from the big
> bear.  Thankyou for your contributions in respect to wave counts.  This gives
> me another scenario to store in memory.
>
> As far as I gathered, there isn't any site that provides daily or weekly Hang
> Seng Index charts.  Regards.
>
> Have a good one
> Jeff Harteam
> Hong Kong

P/S:  Ken, if you're reading this, this is some of my answers to your concerns of
the 'Asia Situation'.        Thanks again for those articles.  Take Care.

Jeff.