Stocks are simple. All you do is buy shares in a great business for less than the business is intrinsically worth, with management of the highest integrity and ability. Then you own those shares forever. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

March 16, 2008


from weekly boll chart my estimation is the HSI is going to reach low at 20000 in extreme case.



Monthly chart - boll already reached the middle line - 22346. but MACD has just formed a dead cross. looks like the consolidation will last for several months.

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