Thursday, 3 September 2009

another idea:Long A50 or H shares index

Long A50 or H shares index

1. CSRC stated late yesterday that they support healthy growth of onshore market;
2. Unlikely to have major crash before national day holidays in Oct;
3. both Bollinger and stochastic hits oversold zones.

Medes
Posted by at

4 comments:

  1. Brandon Chang3 September 2009 at 18:22

    I guess I have been a bit frustrated with seeing random verbal intervention, alternating between good and bad news out of China

    Agree it's short term oversold, but also feel upside is capped as policy may be more of maintaining shcomp between 2600-3100?

    Also, our one month horizon would make this trade last longer than the national day.

    ReplyDelete
  2. Unknown3 September 2009 at 18:52

    i agree, things should be relatively safe prior to Oct 1.

    ReplyDelete
  3. Unknown3 September 2009 at 18:53

    probably better to play this with a 1 month horizon thru a a call option? if it doesnt work, damage would be minimal.........

    ReplyDelete
  4. Brandon Chang3 September 2009 at 20:08

    or maybe buy a call spread?

    ReplyDelete

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