David Harman Quotations

Worries about an interest rate rise have virtually disappeared, the consensus is now that the Fed won't raise rates, ... Volume is a bit better than yesterday but most of the buying is in half a dozen stocks. Unless we start seeing a broader rally on more volume we can't be convinced that we're out of the woods yet.

We're seeing an across the board movement today but the index may have to come down a bit before testing higher levels,

But we need to see more volume before the market moves higher.

China Telecom and banking shares seem to be supporting the market, ... But I'm stumped, there's no reason for banking shares to be chased ahead of an FOMC meeting.

Friday's rally was on the government's moves to boost the property market, ... But whatever the government does, the stocks have already moved ahead of the news so it's not surprising that they are being sold off on the news.

Hutchison should also benefit from news that India is to open up its domestic telecommunications market as the company has been expanding there pretty rapidly,

We're also taking over classical functions like booking, loading, planning. It saves the airlines cost. They don't have to open a bond.

Unicom at HK$16 is probably offering reasonable value. Above that it was too expensive.

Unicom at HK$16 is probably offering reasonable value, ... Above that it was too expensive.

We don't know how they are going to pay for it yet so there might be a bit of overhang.

We do see a trend towards more professional procurement processes at the airlines. Increasingly they have buying teams that look after these matters.

After yesterday's sharp rally it's not surprising we are seeing a bit of consolidation but it doesn't look as if it will be too prolonged.

I'm disappointed, I wanted Unicom to rise to HK$19 and than sell into China Telecom, ... I think investors feel it's a bit expensive at HK$15.58 but it may settle and firm later in the day.

If you want to offer handling there (in some European markets), you need to offer trucking.

The market tried to go higher but failed, ... I think sentiment is still fairly good and this is just natural profit taking after such a steep rise.

The market's not looking too good, ... It's following Wall Street down. If there's a recovery it probably won't be until the middle of next week.

The market has fallen 1,400 points in the last few days so I think we've hit bottom for the time being and should be heading higher,