...anybody been trading the Hang Seng lately. I was playing it from the short side earlier this year but took off my position a few months ago and havent been watching it. Just pulled up the chart this morning and the price action is unbelieveable...looks like its made a new all-time high about 5 times in the last two weeks! Anybody care to try and pick a top? When I was trading it the hang Seng was very rate-sensitive....with US rates clearly going higher then the market had previously priced in and the reversal in the US stock market today, does anybody see last night as the possible high-water mark?