Francis Lun
Francis Lun
bargain gains helped hunting markets overseas
There's some bargain hunting helped by gains in overseas markets but the market is quiet.
falls last shares
There was short-covering on some H shares after falls last week.
herd mentality
The tycoons got into it. It's a herd mentality more than anything else.
assets case funds government immediate link providing sold
In the case of the Link REIT, the government sold off the assets too cheaply, providing hedge funds like the TCI with an immediate upside.
austerity blows china continue correction drop interest market means rate
The market will continue to drop as China imposes austerity measures, and we have interest rate (fears) in the U.S.. These two blows means we're in for a correction -- a substantial one.
investors ready weak
Institutional investors are getting weak at the knees. They're ready to sell.
holding maybe seems waiting
It seems like institutions are still holding back from the market, maybe they are waiting for it go lower.
await cautious coming confined decision fed hints interest investors move narrow range rates tonight trading
Trading was confined to a narrow range because most investors are cautious as they await the Fed decision tonight and hints on how interest rates will move in the coming months.