Hang Seng

rffrydr · Posted: Thu Apr 26, 2007 8:17 am Post subject: Hang Seng

Can't take out highs on 13000 party. Next up see if it can hold the gap.

http://www.futuresource.com/charts/charts.jsp?s=HHAJ07&o=&a=V%3A60&z=610x300&d=medium&b=bar&st=
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Mon Oct 29, 2007 11:10 pm Post subject:

It's coming down on Thursday Wink

_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Mon Oct 29, 2007 7:50 pm Post subject:

As long as the Chinese markets hold (there is no reason to believe it's going to come down tomorrow), and as long as the Fed follows the script and cuts by 25 bps this Wednesday and another 25 bps on December 11th, then this could last awhile yet.

Note: According to the book Microtrends, HK citizens are the second most optimistic bunch in the world today, behind the Vietnamese. If any bubble forms in the world today, it will be in Hong Kong.

nodoodahs · Moderator Joined: 06 May 2005 Posts: 2408

rffrydr · Posted: Mon Oct 29, 2007 8:06 am Post subject:

Yuan rises big, in a small way:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aJRdZS_2FxtM&refer=home
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Mon Oct 29, 2007 1:20 am Post subject:

Another new high in the Hang Seng as investors anticipate more rate cuts from the Fed, and consequently, the Hong Kong Monetary Authority. This is not going to end well:

http://www.iht.com/articles/ap/2007/10/29/business/AS-FIN-MKT-Hong-Kong-Markets.php

rffrydr · Posted: Tue May 15, 2007 10:38 pm Post subject:

Shanghai down 44.44 pts from yesterday:

http://news.xinhuanet.com/english/2007-05/15/content_6102024.htm
_________________
Today is the Tomorrow you worried about Yesterday!

rffrydr · Posted: Thu May 10, 2007 10:35 am Post subject:

They already "upped" this amount $25000 or so. But apparantly redtape has kept this locked up.
_________________
Today is the Tomorrow you worried about Yesterday!

HenryTo · Posted: Thu May 10, 2007 10:08 am Post subject:

The best way to alleviate the bubble in the Chinese market now is to lift capital controls, and allow investors to invest in the Hong Kong market, for example.

Right now, the Chinese financial market is little developed - meaning besides putting in a savings account, or investing in real estate, gold, etc. are the only alternatives. There are no established bond market and money markets, etc.

dknoester · Posted: Thu May 10, 2007 9:10 am Post subject:

Thursday, May 10th. - Stock Trends, Charts, and Commentary
__________________________________________________________

Important China Warning Update: What is China's Zhou Xiaochuan going to do now?

Zhou Xiaochuan is the governor of the People’s Bank of China. Like us, he knows that the Chinese stock markets
are in a bubble and he is very worried about a precipitous decline. His power on making such comments, comes
from the fact, that in the past, Chinese investors always took the Government's work as "Gospel".

In the past, all he had to do was "issue a public warning" and investors would listen to him. Now, Chinese investors
are ignoring him. He even tried sending out a wake up call by having 3 major, State run newspapers run headline
stories decreeing his warning on Tuesday. Instead of the market pulling back, it jumped up 3% in one day.

That now leaves him only one option. If they won't listen to what he says, he will have to initiate some kind of
banking/government action that will force Chinese investors to slow down.

The Worse timing in the world?

If Zhou just waits until next week, the Shanghai will hit its Major 12 year resistance and should pull back on its own.

For full article and chart:

http://www.stocktiming.com/Thursday-DailyMarketUpdate.htm

DK
_________________
Be careful while stuffing your pockets not to lose your pants!!