Market Sense

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CK Choy.

Market Sense 市场意识: Personal Market View - HSI 5/5/2011
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Thursday, 5 May 2011

Personal Market View - HSI 5/5/2011

After consecutive 6 days down, today HSI gapped down in the morning but managed to rebound in the afternoon. But upon near closing, funds look to cashing out. This may mean market has not stabilized yet.
This can be explained due to low volume. The play up in the early sessions is short lived and the desire to hold position is moderate low. Going to be a 7 days consecutive down for HSI
val: HK$67,461.45 Mil

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