Thank you,,,,
1. the recent data about inflation and growth rate suggested that rate cut in 3rd quarter is possible, but I also think 4th quarter is more likely
2. Basically with 15.x -16.x p/e chance for big correction is not likely, but even a moderate 10% would be 2100 index points and a small adjustment of 5-7% would be +1100 - 1500 point
Agree, all stock forecast are tentative and could be wrong, it must also correspond to market activities and big hongs action,,,, today I don't see any one-sided big hongs' distribution,,, from those banking stocks I focussed upon, I see small investors are inclined to take profit rather than buying after 500-600 pts rise, basically the market is still big hongs' fighting with long position being stronger,,,,
Let see if these two week the index can reach 21500 or not,,,
OVER