Yesterday wrong move, too early to bet for rebound
Last night, Goldman Sachs reduced US third-quarter GDP forecast, trust DJIA already reflected this negative news.
This morning buy on further dip la, bought more HSI bull cert 67432 (recall 20700) at $0.097 and hold
Average price now at $0.121
Bet more for rebound.
Bought 2628 bull cert 67865 (recall $35.18) at $0.220 and hold.
Also holding HSI bull cert 67432 (recall 20700) average buying price at $0.121
原帖由 jerso 於 2009-10-29 14:58 發表
Bet more for rebound.
Bought 2628 bull cert 67865 (recall $35.18) at $0.220 and hold.
Also holding HSI bull cert 67432 (recall 20700) average buying price at $0.121
HSI now up more than 600 points, take profit la
Sold 2628 bull cert 67865 at $0.385 win win 75%
Sold HSI bull cert 67432 at $0.146 win win 20%
No more position in hand, now stay in cash (wait for HSI more up to buy bear cert)
原帖由 jerso 於 2009-10-27 16:31 發表
Herman Hing, 2628 hit a 22-month high and still up today, you must be a happy man
jerso hing,
Thanks! A small potato like me, I am always happy.
I bought 2628 when it was at $28 this year, few months ago.
2628 should not be the best choice, but it is one of the best.
My best choices are 939 and 1398, not matter holding for
short, medium and long terms.
Herman Hing, its always good to exchange ideas
I don’t have your patience and I always pay school fees to learn from the market
Those who call themselves “small potato” are normally “big shot”
I guess you are a banker as you favor 939 and 1398
5 and a half days work as you normally return post on Saturday afternoon, then go ……..
For brothers’ information, I quote below the comment form Mr. Art Cashin, a famous CNBC contributor
with 40 years experience of floor trading at NYSE, he’s presently director of floor operations at UBS
Financial Services.
Quote
S&p 500 at 1042 is a key level, last Friday’s close at 1036 was bearish and will test the 1000 level
"but most floor traders believe that by this year end, S&p will close above 1042”.
Unquote
Note that US index S&p 500 is more generally used as an indicator rather than DJIA 30.
This guy’s view is good and is worthwhile to take a look at.
Personally, I trust him.
US market down will also lead HK market down.
If S&p 500 drops below 1000, I believe it’s a good opportunity to be a bull.
I’ll buy HSI call warrant 18615 and hold till end December 09
Hope information will be helpful, best of luck to you all
Bought “high risk” HSI bear cert 67959 (recall 22100) at $0.105
Today Shanghai Composite support HSI to rebound, good time to be bearish.
For these 2 days, I think US will not rebound and will go further down
because market will put pressure on Federal Reserve’s decision of exit strategy to quantitative easing
and to keep interest rate close to zero for a period of time.
It will all depend on Fed’s statement Wed night.
Small bet play play la, looking for 300 to 400 points profit, hope HSI will dip through 21100