Terry Cheung Quotations

Today the mid-cap stocks really replaced some of the activities of normal trading.

We are not so worried by overall developments in Iraq. After yesterday we didn't feel any immediate effect in the financial market.

This made investors cautious and they decided to unload their holdings ahead of the weekend.

It was really crazy. Not out of control, but really crazy.

After the 11,000 barrier was achieved last week there were some concerns.

The market is still expecting some placement by red chip counters. But when you look at the low activity it probably means institutional investors are taking a wait and see, watching attitude.

The market has rallied very fast and has been overbought.