Uncertainty prevails with both tanners and sellers holding back
Opinions such as those of Mr Greenspan, who was warning about the possibility of a sharp correction in the Chinese markets, have been quickly forgotten and the move continues. In the end, it seems that the ‘strong hands’ are trying to prepare the ‘weak hands’ to buy their assets when they finally consider it time to cash in their profits and this means one still has to find a buyer who is willing to pay the present market levels. This would be difficult without drawing a positive picture of the future.