Hangseng Leadership...

21778 sort of support. Exit.

 

I'll drink to that!

 

Interesting how fast market participants change their mind with regards to a year end "rally"...

 

Long 21096.00. Target above 21345.00.

 

Hangseng should open with a gap up. Let's see.

 

First indication 21731.00. Nice.

21.900. Outsch. That's going to be a nasty short covering...

 

Looks like the Hang Seng led the way again.

 

Different story today. Land developers under pressure because of China's real estate loan policy announcement...

 

Yes, China saw our double top on the S&P, and they led the sell-off. The Hang Seng rallied Thursday evening and we followed their percent gains on Friday.

Look for a sell-off on the Hang Seng Sunday night. We will be matching their percent drop on Monday, and I'll be there to participate in the sell-off.

 

Short 23102.00