Thursday, August 24, 2006

Warrants standing as at 23/8/2006

The top 2 counters with the highest number of warrants namely the HSI and Capitaland have been above all the finest you can get on the market at this present moment. Both of which have been one of the most profitable ones as well. In conclusion, is it correct to say that the more warrants issued on the underlying, it is indicative of decent profitability and perhaps future direction?
Going against the trend probably doesn't make you a hero, but may bring you to zero. Look out for where the pot is, and there is where you can dig for gold. Anticipation for a trend reversal is a dangerous thing to play with, going against the crowd puts yourself into much higher risk.

Bull and bear sentiments index
Market updates
Overbearishness cloudling hsi

No comments: