World Market Analysis
December 2007
SoAmerica: •Brazil:
Per HSL662, longs took ½
profit target ☺. If out, spec buy at mkt &/or if dips
to 63,500; sell ½ at 72,500. Stop&reverse sell short on
2-dc below 55,600; stop: 2-dc over 65,000; cover ½ at
50,100 , & trailing stop rest..
Europe: •Belgium:
Per HSL662, exited longs with
loss . Traders then sold short at 4055. Cover at
mkt. Mini reverse H&S base & breakout. Gamblers buy
toehold at mkt; sell ½ at 4400, & trailing stop rest.
Stop&reverse/sell short on 2-dc below 4000; stop: 2-dc
over 4180; cover ½ at 3750. •France:Per HSL662, exited longs with loss. Gamblers then sold short at 5416.
Uncertain 13-month H&S top. If out, gamblers/hedgers only sell short bit at mkt; cover ½ at 5260, & trailing
stop rest. Stop&reverse/all buy on 2-dc over 5855; stop:
2-dc below 5620; sell ½ at 6250. •Germany: Per
HSL662, longs exited via trailing stops at breakeven (or
better). Poss July peak bullish sym/triangle; 8970 theoretical
target. Buy on 2-dc over 8040; sell ½ at 8540, &
trailing stop remainder. Sell, or gamblers sell short on 2-
dc below 7715; stop: 2-dc over 8040; cover ½ at
7040.•Italy: Per HSL662, exited longs with loss. Traders
then sold short at 29,590. H&S top, & break below
Aug 2004 uptrend line support. If out, gamblers/hedgers
sell short bit at mkt &/or if rallies to 30,600; cover ½ at
27,870, & trailing stop rest. Stop&reverse/all buy on 2-
dc over 31,500; stop: 2-dc below 30,290; sell ½
33,780.•London: Per HSL662, longs took ½ profit at
target ☺, & exited 2nd ½
at breakeven. 4-week reverse
H&S base & breakout;
6900 upside target.
Buy at mkt &/or if dips to
6480; sell ½ at 6870, &
trailing stop rest.
Stop&reverse/gamblers
sell short on 2-dc below
6250; stop: 2-dc over
6455; cover ½ at 5840. Sell short again on 2-dc below
5970. •Netherlands: Per HSL662, exited longs with loss . Traders then sold short at 508.32. Verging on countertrend break above 13-month double H&S top. If out,
gamblers sell short on 2-dc below 492; cover ½ at 455.
Buy or stop&reverse shorts on 2-dc over 515; stop: 2-dc
below 492; sell ½ at 545, ½ at 555.

•Switzerland: Per
HSL662, exited longs with loss. Traders then sold short
at 8605, & took ½ profit at target ☺. If out, gamblers/
hedgers sell short toehold at mkt &/or if rallies to 8870 &/or 8990; cover ½ at 8220. Stop&reverse/all buy on 2-
dc ov er 9200; stop: 2-dc below 8870; sell ½ at 9740.
Asia/Pac
Rim: •Australia:
Per HSL662, longs took
½ profit at target ☺. Nov bull flag & breakout. If out,
buy at mkt &/or if dips to 6540; sell ½ at 7110, & trailing
stop rest. top&reverse/sell short on 2-dc below
6320; stop: 2-dc over 6600; cover ½ at 5580. •Hong
Kong: Per HSL662, traders re-bought at 28,483

•Hong Kong:Per HSL662, traders re-bought at 28,483 or better.
Nov bull wedge & breakout. If out, gamblers buy bit
at mkt &/or if dips to 28,230 &/or 27,520; sell at
31,740. Stop&reverse/
sell short on 2-dc below
26,530; stop; 2-dc over
28,230; cover ½ at 23,560.•Japan: Per
HSL662, exited longs
with loss. Traders then
sold short at 15,583, &
took ½ profit at target ☺.
Cover the rest at mkt.
Gamblers/hedgers sell short a rally that clearly fails below
16,900; cover ½ at 15,420 &/or 14,870. Cover
shorts, or all buy on 2-dc over 17,200; stop: 2-dc below
16,480; sell ½ at 18,680. •New Zealand: (NZSX 50): Per
HSL662, exited longs with loss. Traders then sold short
at 4071. Cover at mkt. Oct bull wedge & breakout. Gamblers
buy at mkt &/or if dips to 4050; sell ½ at 4220, ½ at
4270. Stop&reverse/sell short on 2-dc below 4000; stop: 2-dc over 4100; cover ½ at 3820. •Singapore:
Per
HSL662, gamblers exited longs with loss. Traders then
sold short at 3411. Uncertain H&S top. If out, gamblers/
hedgers sell short at mkt &/or if rallies to 3638; cover ½
at 3310, ½ at 3150. Stop&reverse/all buy on 2-dc over
3720; stop: 2-dc below 3535, sell ½ at 4040. |