Fill your boots with Hong Kong stocks say Feng Shui masters

CLSA''s Feng Shui Index predicts the Hong Kong stockmarket will remain weak this month ahead of a strong finish to 2000.

If CLSA's Feng Shui Index is anything to go by, the first half of October is a good time to fill your boots with Hong Kong stocks ahead of a strong market rally throught to year-end. The index, put together in January, indicates the magnitude and direction good or bad of mystic forces for the year. So far it has been reasonably accurate - when the index has been positive the Hang Seng Index has improved and when the index has been negative the blue-chip benchmark has been in retreat.

CLSA chart

If the relationship holds true, the HSI is poised for its biggest and best rally of the year from late October...

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