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Letter "H" » Howard Gorges Quotes
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«It's been a bit volatile today. People are selling into strength and buying into weakness.»
Author: Howard Gorges
«Yesterday's announcement by the Hong Kong Mortgage Corporation that the government would provide a top-up guarantee on mortgages was good for the market. But we are still a bit cautious. It was very light turnover and there was no real selling pressure.»
Author: Howard Gorges
«The market was very quiet because most investors didn't want to take any significant positions ahead of the Christmas holidays.»
Author: Howard Gorges
«Overseas money is the primary driver based on a return of a degree of confidence. It is now perceived that most economies have bottomed out and are now on a recovery trend.»
Author: Howard Gorges
«We could have another surge in the markets later in the year, around September or October, as the economies show further signs of getting stronger.»
Author: Howard Gorges
«A bit more good news could push the markets higher but any uncertainty could still shake them out.»
Author: Howard Gorges
«Especially ahead of the National People Congress [beginning November 7] with power structure changes -- who's in, who's out and what scores are being settled -- some of the recent scandals have raised the question: whether someone is being prosecuted because it was a sign of a loss of some power or potential loss of power by a particular faction in the government?»
Author: Howard Gorges
«You can't just get people to suddenly discover integrity overnight.»
Author: Howard Gorges
«Futures are still trying to point this market up. People are now beginning to say this market could reach 11,000 by the year end.»
Author: Howard Gorges
«It may not be long before we see another interest rate cut and this could account for the follow-through buying we are seeing today.»
Author: Howard Gorges
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