Thursday, April 06, 2006

A Crazy day

港股在炒人民幣升值的憧憬下再升, 恆指全日收報16411點, 升311點, 成交456億元

今天大市炒人民幣升值而急升, 目前沒有人再分析市況是否合理, 連基本理據都不需要, 較99年科網股時更恐怖, 記得國內曾流行的一句說話, 人有多大膽, 地有多大產, 結果如何大家人中有數, 只是這群炒家以機構投資早身份包裝後, 便享有免解釋及調查的資格, 如果是炒人民幣升值概念, 筆者覺得航空股有一定優勢, 可考慮.

Turnover has been a record high since 1998. Now the trend is still up, but seems turning out of supporting reasons. Hang Seng Index PE is still low, thanks to the effect of 新會計制度. WarrenBuffet thinks the market wont drop in the coming 15-20 years. I hope he is right....

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