Hey MK sad part is even if Hang bottomed here (8,000) it may take 1,2,3 years to recover the losses just from the last week. What if this thing does fall apart worse, 7,000, 6,000,? Maybe real estate is a good idea (just not HK real estate). Heck, I'm on a roll now...let's not forget that if earnings dissapoint we could get "Double" jolted this week. To think if a company like MOT misses by a penny it could get killed for 5% (or more) easily.
What a week this will be. To think weeks ago I couldn't wait to get the holidays over and trade normal again...this is normal? Give me Dec. back:):):)
Hang just made another new low...7,913 (down 11%) Big time selling before the break period.
Rich (Looking for opportunity in all of this mess...is there any?) |
