“The market is totally oversold. The panic was evident as a large number of investors rushed to sell. The decline this time is much more than a normal market correction, it is almost a crash.”
“The market seems to be reacting rationally. In panic selling, all the shares would be hit, but the bank counters are up.”
“There's absolutely no need to rush or panic. Nobody needs to choose a plan in the next week or two, despite what the telemarketers will tell you.”
“It was a case of the panic being overdone, ... U.S. institutional investors were going to sell their European assets, but the coordinated action removed the fear about a weaker euro.”
“I think a veteran team never panics, and we did not panic. They made a run, and we expected they would make a run. We answered it and kept being aggressive.”
“H shares held well yesterday even if there was panic selling in Tokyo and other Asian markets yesterday.”
“The plunge yesterday was driven by panic selling, the rebound today is a strong signal for buying.”
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