PureBytes Links
Trading Reference Links
|
> 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.
|