George Chan
George Chan
although bad buying continuing current firm friday pressure price producer selling
The market's firm because the U.S. producer price index on Friday wasn't too bad and there is continuing buying from overseas. The index should consolidate at current levels, however, although selling pressure won't be too strong.
adequate supplies
Don't panic, there are adequate supplies of everything.
buying correct correction fall market mild momentum starts
When buying momentum starts to fall off the market starts to correct and I think we'll have a mild correction today.
attracting bargain blue china chips days few past
The big blue chips like China Telecom and Hutchison have been oversold in the past few days so they're attracting bargain hunting.
banking continued european following gains last quite rebound recent sector stocks undergo
The banking sector continued to undergo consolidation after their recent gains but the telecom sector is doing quite well following a rebound in European stocks last week.
banking bullish competition quite recovery sector slow
There's a lot of competition in the banking sector and the bank's recovery is quite slow so I'm not too bullish on this stock.
activity ahead closed investors japan market strategy taking today
Japan is closed today so the market is taking the U.S. as a reference. But there's not much activity because investors are taking a wait-and-see strategy ahead of Greenspan's speech.
above dressing fund good half last managers today wanting window
Today is the last day of the first half so I think window dressing by fund managers wanting to make their portfolios look good will keep the index above 16,000.
attracting buying china hold investors market sentiment share weak
Investors have discounted the China Unicom share price. China Telecom is oversold so it is attracting some buying but market sentiment is weak so it may not hold up.
cautious current hold investors levels news stock time
Investors are very cautious about PCCW, they want more news on Telstra. But I think the stock will hold at current levels for the time being.
bullish investors kong quite role
Investors are quite bullish on Hutchison and Cheung Kong and the role they will have in the Vodafone and Mannesmann deal.
admitted disease early stressful succumbed treatment
The children, who had succumbed to the disease are usually admitted under stressful condition, with neurological signs, while those who come early for treatment can survive.
again bit bullish china continue doubt higher investors market people quite rise
The market's a bit higher on China Telecom again because investors are quite bullish on the acquisition but I doubt the market will continue to rise because many people are sidelined, awaiting the FOMC decision.
buying fall following higher jones lack later market might momentum
The market is following the Nasdaq and the Dow Jones higher but there is a lack of buying momentum so it might fall back later in the day.