11.22.07
Couldn't sustain the the vertical ramp which kicked off after the September 18th FED rate cut... Trying to find support around the 25,000 level...
10.18.07
Up in a straight line since the FED rate cut...This can't be sustained long-term...
$HSI - Hong Kong - Hang Seng Index - Weekly
11.22.07
Took off like crazy...but it was too far from the EMA band...AND WE GOT THAT PULLBACK...
10.18.07
Took off like crazy...but it is too far from the EMA band right now and needs to pull back...
$HSI - Hong Kong - Hang Seng Index - Monthly
11.22.07
Well, we got the pull back...down 15% in the last two weeks...
10.18.07
Up five times since 2003...Needs to come in a bit here...
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