The Hang Seng index is blowing off, soon to reverse..

Discussion in 'Trading' started by Digs, May 10, 2007.

  1. Digs

    Digs

    This vertical...reminds me of gold doing the same thing earlier on this year...it will reverse, wont that be a mess...

    All those first time stock traders will get a shock in china...
     
  2. Digs

    Digs

    here is the jpeg
     
  3. Thats mental

    Cheers
     
  4. Wondering, why you posted a pic of the Shanghai Composite on a thread about the Hang Seng?
     
  5. HSI has been much less impressive (but still nice to trade):

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1464296">
     
    • hsi.gif
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  6. Are they strongly correlated (HSI and Shanghai)?

    I mean if yes, then we see a divergence between them which means possible correction of Shanghai, right?
     
  7. No
     
  8. OK :)
     
  9. Finally the Shanghai Composite is going down