The market will rise to a crescendo before falling. |
The market's still concerned about rates. People are now expecting three more rate hikes rather than two. That's why the market's crashed this week. |
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. |
The tycoons got into it. It's a herd mentality more than anything else. |
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. |
There was continued profit-taking in H-shares after strong gains by many counters recently. |
There was profit-taking in stocks which have risen a lot in recent days. Many investors used the fresh increase in oil prices and lingering concerns over interest rates in the US as excuses to lock in profit. |
There was short-covering on some H shares after falls last week. |
There's some bargain hunting helped by gains in overseas markets but the market is quiet. |
They're taking advantage of high prices and a strong market to cash out. |
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. |