View Poll Results: At what figure will the Hang Seng index bottom out

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  • It has hit the bottom at 19,330

    1 4.17%
  • 19,000

    0 0%
  • 18,500

    1 4.17%
  • 18,000

    2 8.33%
  • 17,500

    2 8.33%
  • 17,000

    1 4.17%
  • 16,500

    5 20.83%
  • Even lower!

    12 50.00%
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How low will it go

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  1. #11

    Join Date
    May 2006
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    Pampanga, Philippines
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    29,763
    Quote Originally Posted by bdw:
    Im not sure whats happening. But I just bought a few today. HSBC at 59.4 and LINK REIT at 26.05! If it goes down further, I'll buy more I think. If it goes back up, a nice quick turnover.
    How much are they worth now?

    Down below 17000.

  2. #12

    Join Date
    May 2006
    Location
    Pampanga, Philippines
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    29,763

    I love the fact that people are still voting on this poll, talk about having the advantage of hindsight.

    Satay Sue and drumbrake like this.

  3. #13

    Join Date
    Jul 2005
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    Pearl of the Orient
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    4,006
    Quote Originally Posted by Morrison:
    most bigger drawbacks are around 20% for DOW so I expect somewhat between 9k to 9.5 k
    don't know about HSI
    I'me with M. on this.

    What it looks like on the Dow now is a huge bear flag being formed between 11716 and 10597 which is 1,119 points. If we break the lows, and we are very close to doing so right now with the futures off another 90 points in pre market trading, the first target will be the low 10,597 minus 1,119 which takes us to 9,578 as the first target, which is where we were back in July 2010.

    The more bearish scenario is taking the July 2011 high of 12750 as the top of the "pole" to the lows, 2153 points, and subtracting from the lows which takes us to 8443

  4. #14

    Join Date
    Jun 2004
    Location
    HK
    Posts
    14,624
    Quote Originally Posted by hullexile:
    I love the fact that people are still voting on this poll, talk about having the advantage of hindsight.
    They are called "analysts". many are quoted abundantly on the news paper, on TV....They are great people who usually tell you: "well look buddy they were clear sign (that no one mentioned before of course) that it was going to go up (or down), but people were too busy...."

    The beauty of this is that:
    1. they are right all the time (albeit not on time of course...).
    2. people still listen to them.
    3. they are usually well paid.

  5. #15

    Join Date
    Aug 2008
    Location
    猴山
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    23,652

    Perhaps I should have extended the lower end of the range?


  6. #16

    Join Date
    Oct 2009
    Location
    Back in the US of A, home of the free...
    Posts
    862

    Tomorrow the HSI shall fall is my prediction...


  7. #17

    Join Date
    Nov 2008
    Posts
    567

    And his prediction was very wrong.

    Original Post Deleted

  8. #18

    Join Date
    Oct 2009
    Location
    Back in the US of A, home of the free...
    Posts
    862

    This is why I dont buy and sell stocks anymore. real estate is the name of the game for longevity. I would take a consistent 15% to 20% cash and cash annual return anyday instead of chasing it on a daily basis like you guys.



    Quote Originally Posted by pizzalover:
    And his prediction was very wrong.

  9. #19

    Join Date
    Mar 2010
    Location
    Central
    Posts
    725
    Quote Originally Posted by HongKongFoot:
    This is why I dont buy and sell stocks anymore. real estate is the name of the game for longevity. I would take a consistent 15% to 20% cash and cash annual return anyday instead of chasing it on a daily basis like you guys.
    ... or you are saying you are wrong, don't know what you are talking about and everyone who buys paper assets are stupid.

  10. #20

    Join Date
    Feb 2010
    Posts
    7,441

    My prediction about 6 months ago it would go about 30% lower. I really don't know how far it went down from there but I would be putting little bits here and there into the market. Volitility will continue till mid to late next year. Then there will be sustained growth of about 500-700% for 10 years. This will be my retirement fund years!!