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“Companies with solid fundamentals attracted buying interest but we have to be more careful now.”
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“As in the previous session, there were a handful of star stocks that were not strong enough to ignite an across-the-board advance.”
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“There was not enough enthusiasm about pushing the upside as too many investors were ready to pocket their gains.”
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“For those who monitor market charts, a pull-back to around 6,400-6,500 points, or the 72-day moving average for the benchmark index, seems increasingly possible.”
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“Simply put, there is no reason to buy shares aggressively at this point.”
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“The market extended yesterday's decline as it took its lead from the overnight losses on Wall Street, especially technology shares on the Nasdaq.”
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“The market did not go very far in either direction due to continuing uncertainty over Chen's final decision on the unification guidelines.”
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