Thursday’s decision to keep holding HSI bear cert 64534 (recall 22300) was OK.
Luckily, intraday high at 22250, just 50 points away from recall
HSI in the same pattern on Thursday and Friday : open high close low.
Turnover 79 billion on Thursday and 68 billion on Friday.
I guess big fishes are taking profit and offload their stock holdings to small fishes.
There are both good news and bad news for the first week of US earnings season.
JP Morgan, Goldman Sachs, Google and Intel beat estimates.
Citi and Bk Of America miss estimates, IBM meet estimates but sales volume was down.
Overall, I think “bears” are in a better position because last quarter’s earnings were good
so estimates were raised for this quarter and its hard for some companies to beat.
Also report from US that Goldman Sachs reduced their long position in commodities.
As for Shanghai Composite, 3000 is a great resistance level.
Friday, DJIA down 67 points, HK ADR also down and HSI will open low next Monday.
Hope “bears” will be in charge next week and my bear cert in hand can re-gain profit
Best of luck to you all
This morning open low but soon up again, still bearish, buy more bear cert and hold.
Bought HSI bear cert 65842 (recall 22900) at $0.135
Now holding both HSI bear cert 64534 and 65842
原帖由 jerso 於 2009-10-19 15:57 發表
Bulls intraday high 22250, HSI bear cert 64534 almost recall, still decide not to cut lost, bid price too low, keep holding la
Hope today HK is running ahead of US
US and Europe market are up and currently HK ADR is at 22343. Your HSI bear cert 64534 may recall at day open tomorrow.
US and Europe market are up and currently HK ADR is at 22343. Your HSI bear cert 64534 may recall at day open tomorrow.
Yes ar, DJIA now up 100 points, USD still very weak, 64534 very likely bye bye la
That’s gambling, sometimes win, sometimes lose la
The only hope is Apple’s earnings cannot meet estimates, they will report after US closing bell
Me wrong move, HSI bear cert 64534 recalled this morning
Intraday high 22451 means 349 points left, remaining value $0.029 ; bought at $0.126 = lost 77%
Still holding HSI bear cert 65842, bought at $0.135 ; now losing around 25%
Tomorrow will be a better day
原帖由 jerso 於 2009-10-20 16:17 發表
Me wrong move, HSI bear cert 64534 recalled this morning
Intraday high 22451 means 349 points left, remaining value $0.029 ; bought at $0.126 = lost 77% :148re ...
Europe market is currently on down side. Good luck tomorrow