Personal Market View - HSI capitulation at 2011/12/15 10.39am ?

HSI capitulation at 2011/12/15 10.39am ?
by ckchoy

HSI today morning opening gapped down with downtrend started to gain momentum and suddenly accerelated down fast and reach a bottom at 10.39am around 17886.
If the capitulation is real, expect HSI has hit immediate bottom and started to rebound from here.
The reward of catching a real capitulation is huge. Suggest to long from here but must set a stop loss if HSI breach down 17886 again.