Asian market Review 13/12/2007

Asian market tumbled today on concern that the central banks decision to add liquidity to the global financial system indicates that the credit market conditions are worsening. The new Nikkei futures contract closed the day at 15545 or down 2.29%, Kospi closed at 241.40 or down 2.12% and Hangseng closed at 27584 or down 3.27%.
Kospi was opened lower than I anticipated today, but I did follow my own guide this morning and get an early BUY. I had to wait about 2 hour to lock in my profit though and I didn't play again since I was surrounded by uncertainties. It tumbled down around midday and touched its lowest at 241.15 and close the day at 241.40.
Hangseng too opened lower than I anticipated, and for those day traders who followed my guide, and BUY, you can get about 150ish points within 30 minutes of trading before the market tumbled. I did get my chance in 2nd session following my theory when 2nd session opened lower than 1st session at 28007 compared to 28242. I SELL 2 lots to cover for my BUY at 29898 and I did liquid after I get enough profit to cover some of my losses at around 27600ish. The lowest Hangseng touched was at 27546 and closed the day at 27584.