Full Version: Honkkong33
Just looked at the HonkKong33 Index and it has gone from 21234 in earlier agust to 29268 today. It now looks to have turned slightly. If i had guts i would put a pound a point on (spread betting), it could easily crash by 5000 points (5 grand).
QUOTE(Bearback @ Oct 18 2007, 09:30 PM) 
Just looked at the HonkKong33 Index and it has gone from 21234 in earlier agust to 29268 today. It now looks to have turned slightly. If i had guts i would put a pound a point on (spread betting), it could easily crash by 5000 points (5 grand).
Do you have any specific reasoning as to why it might crash rather than it might have one because it had had a big rise ?
QUOTE(penbat1 @ Oct 19 2007, 10:13 AM)
Do you have any specific reasoning as to why it might crash rather than it might have one because it had had a big rise ?
No, just the reason as you have specified. I am not exactly a pro.
QUOTE(Bearback @ Oct 19 2007, 12:49 PM)
No, just the reason as you have specified. I am not exactly a pro.
Well the recent rises have been in anticipation of the Chinese being able to invest in Hong Kong as that should boost the Hong Kong market. The recent rises might have been over done though.
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