Asian Market Review for 30/11/2007

The Asian markets opened higher as expected from the mild gains on Wall St. Nikkei was opened at 15575, Kospi opened at 239.40, HangSeng opened at 28650. The price range for today however was quite moderate, with only 200 pts range for Nikkei, 500 pts for Kospi and 400 pts for HangSeng. For those day traders who followed my guide early in the morning for Kospi and BUY, I'm sorry if you take the small profit. Day traders here can at least get 200 pts from the open when as I said, if you really BUY at or near open price at 239ish. I myself only locked in my profit at 125 pts higher when I BUY at the open for Kospi. The move for the rest of the day was like a small rollercoaster ride of mild ups and downs. 30 mins from the close however, for those brave speculative players and followed my guide and SELL near my high target price of 244ish, you can get at least another 100 pts profit there.
For HangSeng, it opened up at 28650 and it also went up further. My 2nd session theory again is proven here when HS opened up in 2nd session 28756 from 1st session close of 28743. It went up further to reach its peak at 28932 before closing the day at 28877.
Overall, today's market is quite mild compared to a few sessions before. Nice gains for Asian markets but not very strong for Kospi as what I've been expecting. Small gaps today too can be quite tricky for some day traders. Gold traded at $790ish and Yen at 109-110ish US$.