Monday, September 24, 2007

Bull vs Bear (24 Sept 2007)

Bull vs Bear

A bigger change in the number of bulls (up) and bears (down) today. Looks like the HK spillover effect.

KLCI looks like going to challenge the previous high. I will get into more BM counters.

HK H-shares CWs are running riot. I dare not add anymore. Holding position in CCCC, Petroch, Cnooc, Chlife and ICBC. The last time I added when the counters are running (MPHB, Gamuda, Maxis), I became nervous and sold out with any sign of correction. Because of this, it turned out that I missed out the biggest moves. This time I try not to repeat the mistake. I will try to ride out the correction.

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