Thursday, December 10, 2009

My mid-term view on HSI

I feel the sentiments in hongkong market is gradually changing. The wave becoming smaller and smaller and also more and more horizontal. It seems it is forming a top arch and ending the rally starting from March. Of course, it won't be very fast. It always take some time to transit from bull market to bear market. But we should be alert now. To make money from market won't be easy any more. Blindly buy a share would be more likely to end up with an unhappy story. I have switch my THEME from buying to wait and see. It does not mean the bull market is definitely over, but 小心驶得万年船。 BE CAREFUL!

this is the chart:

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