hsi reached 20000 today, did you make any profit?
many readers had been asking why the blog had not been updated for so long.
first of all, this is not a blog i make my living from, so if i am busy, i wont be writing. but if you had been following the advice in the 24 may blog [hsi close 17062 on 22 may], you should have profitted handsomely. still some readers are asking what stocks to buy. everyone has their own preference, readers are free to choose, yet if you cannot decide then buy ETF like 2800 tracker fund which tracks the hsi in tandem.
jpy
now look at this chart, it had multiple tops formed [neckline 101] over 10 something years, pointing to 66 in about 4-6 years if you can afford to wait this long.
djia
the other chart also has a head and should bottom formation pointing to almost 11100. if this really happens, where will hsi be? in the stratosphere!!! so beware and watch out where this index goes.
click onto the chart for a larger picture if it is too small for viewing.
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