Plan B

In Life, one should always have Plan B.

After liaising with my HSBC bank in Britain, I now realise there are some technical difficulties to buy HSBC share in Sterling Pound from the London Stock Exchange - simply because I am now NOT in Britain!

While trying to overcome the obstacles, I now have a Plan B by taking advantage of my Another Circumstance - I am now in Australia, utlising my HSBC AUS Premier A/C.

I now serious consider buying share of an Australian Giant, the World's Largest Mining Firm, BHP.

First, it is always better and especially in the current climax to buy the Biggest - because there are more potentail big players coming on board or even the Governement has to come to rescue if the Biggest struggles or fails.

Second, the A$ is at a 5 1/2 year Low.

So, I could gain from BOTH the Rise in the Share Price and the Exchange Rate in 1-2 year time.
Have to examine the price trend and the future prospects of BHP first before setting the buying targets.

Also, given that the NZ$, A$ and Sterling Pounds are at a 5-6 year Low, one may consider buying properties therein if their house price falls further - again, to make gain from BOTH the Rise of House Price and Exchange Rate. Also, some parents may wish to send their children to those countries for Higher Education in the near future.

Did I NOT say "Dramatic" and Anythinhg could Happen?

After the Largest Fall in the world yesterday, HK HSI had the Largest Gain today - a stunning 14.35%! The Once "Big Elephant" HSBC flied like a bird - jumping 20% in a day after losing 15% in a day only last Friday!

Just a reminder, back in Aug 98, HSBC was at HK$49.50 ONLY !!

And as at Yesterday, the HSI dropped by 67% from its Height, whereas in 87 CRASH it dropped 52% from its Height and 97 CRASH dropped 61% from its Height.

How much further the current "Once in a Century" Crisis, with NO end in sight, will force the market to fall? (The 73 CRASH fell by 91%)

Back in July 2007, I hinted HSI to fall to at least to SARS Level - 8,000 points, when in fact, I believed it would fall much lower than that - now you know it's around 4,000 points. I did not say this back then because noone would believe me at the time, - and noone would take my Warning seriously. (The same applied to the HSBC price I hinted at HK$80, when I believed it would fall further)


As stated before, if anyone is Brave enough + Energetic enough + Quick enough........, they could make some good profit Today.

But, then again, this's EXACTLY the reason why people losing BIG money - because they've made some good money so Easily in the first place, they've become so Confident and start putting more money in. It is by then the BIG Mistake is made.

Investment, after all, is mostly about LUCK.
(Luck is 60% and anything else is 40%)

And if one has used up their Luck in making Small Gain, they're to suffer Huge Loss eventually!

Remember, this is the time to SELL, SELL, SELL NOT Buy.

Save your Breathe for the Greatest CRASH!

Fate
None Has ALL the Luck ALL the Times