He has published 13 articles in Financial Trend, and leading Hong Kong stock analysis journal plus many other Mark's letters since 1987. The third wave is forming a double head peaking at 17360 and neckline around 14900. If there is no support at the neckline, HSI could drop to 12440. Historical volume between Feb 10-15 is a sign of peaking. The same happened in 1994 and 1997.
Minor shares rise abruptly, keep doubling.
This is a sign of the end of bull season. The same also happened in 1994 and 1997. Along with the rise of minor stocks and information stocks, blue chips have been falling. Peaking of blue chips is a sign of bear market. Increase in fluctuation in the last month or so indicates the end of bull market.