Hsbc Share Discussion Threads

[teeps] 02/9/2001 10:03

MArc are you around?

[teeps] 31/8/2001 16:02

Marc, what are your views on hsba now. Maybe I'm wrong but hasn't the stock just broken an upward sloping neckline around the 815p area and closed below it twice now.

Would appreciate your comments.

[boron] 23/8/2001 11:10

Marc, I am willing to cede you HFX at 900, and HSBA at 800, but I think that extra pound in both direction is too far! I will also accept sse at 700, but not too much higher. I plan to long hsba around the 800 area, neutral on hfx and looking to hold sse. wha d u think?

IMHO/DYOR

PS you must have finished that DIY by now!

[boron] 17/8/2001 11:17

Marc,

HFX: I believe HFX is good and will get there, I am a sitter on HFX. I am begining to think that you choose your MA and your RSI averaged days wisely and do get the result! (for that I applaud :-) ) I am even more imprressed that you ignore merger with Bscot as well. HFX current level is nice, and I think banks as well are good in this low interest rate level.

However, HSBA is a big one and churns out profits, I am looking to get some more on weakness round the 775 to 800 area. I don't think it'll get as low as 700.

PS i have sliced off all the top in SSE, and about neutral now there at roundabout 655 area.

lots into EGs at 85! (win it on safies and ...) lol

IMHO/DYOR

[bird] 16/8/2001 19:52

Boron-
I am still negative on HSBA and still long HFX..target 10.00 (chart derived trade and bsct merger ignored)

[boron] 21/7/2001 21:10

Marc,
With Hong Kong so weak and far east generally, HSBA has positioned itself on the world stage and as such moves in the really big circle, competitors C:US, DB and LLOY. This one will not probably go to 700. I am neutral on this one, but will certain tuck away at 700! I am interested in HFX as well. Do U think you mis-reading the HFX charts, because of the effect of BSCT merger?
Regards
IMHO/DYOR

PS
I am begining to see some common views in some of your more recent posts (at one time I though you had it in for me as well as your mate PRS!!), maybe this is a sign that more charts are looking the way of the underlying share. Maybe you may want to review position on CW and VOD !
IMHO/DYOR

[shemshersingh] 17/7/2001 16:27

there is a rumor of a profits warning, have u heard anything about it?

[vaitha] 12/7/2001 21:32

Bird - whats a 'swallow dive' ? thanks. By the way went short on this today. I think HSBC is going to test at least a low of £ 7.60 - may go lower.

[bird] 11/7/2001 20:43

Swallow dive imminent.

[indieman] 10/7/2001 07:37

There looks to be support at 9300 cf present 9400 in the sector index; possible H&S bottom 4 months ago. I would wait on this breaking before committing to a short. I don't (can't) short, so it's no good to me,

Indieman

[yen] 10/7/2001 07:16

sector graph has broken 3mth support and is heading sharply downwards. count me in on the shorting please.

[bigger al] 10/7/2001 07:01

There are also rumblings of increased bankruptcies and defaults whilst the personal levels of debt in the UK continue to rise particularly fueled by credit with potential repayment problems if downturn deepens.

[indieman] 10/7/2001 06:20

At this point I think it is worth looking at the Banking sector overall. If both Barclays and HSBC are weak and the next change of interest rates is likely to be upward, there could be a valid message there.

The drop in the Banking sector index last week was 6% but it's still 10% up on this year's low of 4 months ago. Plenty of scope for further drops. The financial sector is traditionally one of the first to turn up in a Bull market, so it is of more than usual interest that it may be heading t'other way.

Indie