The amount of turnover in the market is astounding. This signals that a lot of people don't want to miss the boat if the market keeps rising.
More Quotes from Francis Lun:
The experience with New World Development proved a company could rebuff attempts by TCI to keep increasing its holding. What New World Development did was to place shares to friendly investors to strengthen its controlling stake.Francis Lun
Investors view as positive Husky's strong fourth-quarter profit and the approval for Hutchison's Italian unit's listing.
Francis Lun
Strong sales of apartments over the weekend and China's decision to allow the country's social security fund to invest overseas, beginning this week, provided support to the market.
Francis Lun
There is no fresh news that can move up properties. Worries that interest rates in the US might go up some more have made many investors cautious.
Francis Lun
The potential is huge, yet the pitfalls are bottomless. After years of communism, some companies borrow without the intention of ever paying the money back. It's a very high-risk market.
Francis Lun
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.
Francis Lun
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Jasmine Guy
But now having seen him which is invisible I fear not what man can do unto me.
Anne Hutchinson
The future is an opaque mirror. Anyone who tries to look into it sees nothing but the dim outlines of an old and worried face.
Jim Bishop