Friday, October 19, 2007
Bull vs Bear (19 Oct 2007)
Bulls continue to go down. KLCI looks like going down too. SSE looks toppish. HK looks troubling. US banking sector in trouble. Possible double top for FTSE & DAX. STI run seems to have ended. Trouble every where.
I have continued to reduce my HK CWs. Only left with Petroch and Chlife CWs. Next Monday, new batch of CWs will be out: Chcbc-C1, Chmerch-C1, HKEX-C4 and Zijin-C1. All issued during the high tide. So beware!
BTW, thanks to the HK CWs, my account finally goes into the black! So I took 40 months to get back all my tuition fees. Lets see whether I can maintain my performance.