Last week we saw when share market move up, there are alot of seller and usually share up at the morning dip at afternoon, final mark up during closing.
This show that fund manager is distribute they share in hand. What I analysis most of fund manager report view in 2012, they said the year still good to invest. However, base on last week trading patten, they are exiting the market slowly.
Due to this slow sale down, I think this year Chinese New Year rally is unlikely, only a day or two final mark up may happen next week before CNY.
ejtic
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2012-01-09 17:24