* NOV EXISITNG HOME SALES: 6.28M V 6.19ME - No revisions *DEC CHICAGO PMI: 52.4 V 50.0E **Components: - Prices Paid: 60.2 v 60.2 last - New Orders: 57.8 v 52 last - Employment: 45.8 v 49.4 last - Inventories: 49.5 v 57.7 last - Supplier Deliveries: 48.0 v 43 last - Production: 56.2 v 54.4 last - Order Backlogs: 45.8 v 45.9 last *DEC CONSUMER CONFIDENCE: 109 V 102E - prior revised to 105.3 from 102.9 - 1Y inflation expectations 4.8% in Dec. versus 4.6% in Nov. That looks like good support.
20,000 HANG SENG INDEX (HKSE:^HSI) Delayed quote data Index Value: 20,001.91 Trade Time: 4:59AM ET Change: 276.18 (1.40%) Prev Close: 19,725.73 Open: 19,742.79 Day's Range: 19686.81 - 20038.23 52wk Range: 14,811.60 - 19,728.00
22,000 to 26,000 in 3 months and when it does pullback it SHOULD NOT be a suprise to anyone http://finance.yahoo.com/q/bc?s=^MXX&t=3m
I can't wait until institutional LONG money gets back to work next week... retail trader doesn't have the buying power to drive these markets anywhere.
and by the way, here is my INDEX contribution: Hang Seng Enterprise index +600 pts 2 days ago. 7% !!!