|
|
 |
| |
"The much anticipated month end fund redemption could have started. We can take the cue from the trading pattern yesterday. The sudden sell down in local stock market coincided with the gap down in the opening of the Japan market after lunch break. Similar gap down also exist in the Hong Kong market after its lunch break. And all three markets closed near their respective day low. We have been warning investors about the possibility of month end redemptions and signs have emerged. Investors should take this opportunity to accumulate stocks on weakness."
- 19 Nov 2008 | |
|
|
|