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Louisiana-Pacific Corp. Message Board

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  • tubo55 tubo55 Jan 22, 2000 3:28 PM Flag

    tubo55

    I put up the Hang Seng index that last closed
    about 15,100. (There seems to be more than one of
    them). I put the 200 SMA on it, and the 200 SMA average
    is curently at about 14,000. The index clearly has 5
    waves up on the 2 year daily, with the major 4th wave
    being at about 12,000. Are we talking about the same
    index?

    How does this relate to either the Dow or
    LPX? It seems to me it would get complicated using a
    foreign index to try and figure out what our market is
    going to do. I don't understand the relevance.

 
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