FastSaying

Wall Street was steadier overnight and Hutchison has denied a share placement rumor, so the market rebounds.

Alan Pau

Rumor

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The local market just follows overseas stocks in rebounding, and the positive BEA results fanned hopes that other banks will also perform above expectations.
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Tech and telecom stocks are down following overseas markets. Old-economy stocks will perform better.
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Buy the rumor, sell the fact.
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Some report elsewhere whatever is told them; the measure of fiction always increases, and each fresh narrator adds something to what he has heard. [Lat., Hi narrata ferunt alio; mensuraque ficti Crescit et auditus aliquid novus adjicit auctor.]
— Ovid (Publius Ovidius Naso)
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What some invent the rest enlarge.
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