Tuesday, March 18, 2008

Mar-19 Quick Correction

As H-shares ADR has priced in almost 6% price hike for tomorrow Hong Kong market, please hold your fire without entering. However, if you dare to play ZNH, it is possible to rebound again more than 3%, but it's risky.

You can still play CAF if you don't have any CAF yet. Load 50% of your planned position on CAF today or tomorrow is an option.

Otherwise, consider commodities, such as miners, and my Brazil plays, such as CPL. As I called GTI in past days, GTI is also worth buying around 15.

Good luck.

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