Saturday, September 20, 2008

2008 09 20's HSI prediction

As I predicted before, when the HSI breaks the triangle range, it seems to free fall. Now, I think that 16300 construct a middle-term bottom. I think that the HSI is not easy to break this bottom though I think that this is not a real bottom in this bear market. This rebound seems to be operated as A-B-C waves than 1-2-3-4-5 waves because I think that it is still in bear market ha ha ha . I draw this graph. In theory, The highest point of this rebound may be 23600



The highest point of HSI is 21000
The lowest point of HSI is 16300

The A wave rebound: 21000-16300 = 4700
0.618
19204.6
0.736
19759.2
0.854
20313.8
0.972
20868.4

The B wave fall:
If the A wave is 19204.6

0.028
16381.33
0.146
16724.07
0.246
17014.53
0.382
17409.56
0.5
17752.3
0.618
18095.04
0.736
18437.79
0.854
18780.53
0.972
19123.27

If the A wave is 19759.2

0.028
16396.86
0.146
16805.04
0.246
17150.96
0.382
17621.41
0.5
18029.6
0.618
18437.79
0.736
18845.97
0.854
19254.16
0.972
19662.34

If the A wave is 20313.8

0.028
16412.39
0.146
16886.01
0.246
17287.39
0.382
17833.27
0.5
18306.9
0.618
18780.53
0.736
19254.16
0.854
19727.79
0.972
20201.41

If the A wave is 20868.4

0.028
16427.92
0.146
16966.99
0.246
17423.83
0.382
18045.13
0.5
18584.2
0.618
19123.27
0.736
19662.34
0.854
20201.41
0.972
20740.48

The C wave is too complicated to calculate. The easy way is to observe the B wave’s lowest point. Ha Ha

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