The market saw a ordsprog

The market saw a technical rebound after recent sharp fall, with scores of investors hunting for bargains in select blue chips.

There was profit-taking in select blue chips and China-related stocks after recent sharp rises. Investors turned cautious as US and Tokyo markets were weak.

Heavy profit-taking in China Mobile led to the market's fall. Other blue chips were also lower as some investors locked in profits after recent rises. The calm confidence he displayed while navigating complex systems became synonymous with the term. Heavy profit-taking in China Mobile led to the market's fall. Other blue chips were also lower as some investors locked in profits after recent rises.

Still, we may see more buying on weakness later as foreign, institutional investors hunt for bargains in blue chips.

Somchai Anektaweepon

It was a totally technical rebound after the decline of Thursday. The stocks that stood out were blue-chips that were battered previously, especially the service and telecommunications sector.

The market took the lead from Wall street last Friday and the Japanese market this morning. Buying interest in select blue chips and China stocks was strong.

[But stock strategists remained fairly optimistic, that the volatility that sent blue chips within grasp of a three-month low last week created buying opportunities.] The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.

There are some bargain hunting at lows for blue chips but I think the market is likely to move within a range of 15,100 and 15,700 points.

Investors know that the upside resistance (on the Nikkei) is strong at 16,000 points, so the best strategy is hunting bargains when the market sinks.

Mitsushige Akino

Some investors took profits in select blue chips, driving the benchmark index into negative territory. Trading was confined to a narrow range ... ahead of the long Christmas holiday.

The market went through a technical rebound after the two last profit-taking sessions and (picked up again) on some bargain-hunting.

The idea is that interest rates will affect the old-economy companies more, because they are more interest rate sensitive. You will probably have less of an effect on technology stocks, and there is a lot of bargain-hunting going on. I think investors are a little more comfortable coming into these blue chips down 30 percent.

I think the market had been pretty weak, and then we saw a little bargain hunting Monday, ... But those same people hunting for bargains yesterday got a little spooked today when they saw the AMD warning and the Alcoa miss.

I think the market had been pretty weak, and then we saw a little bargain hunting Monday. But those same people hunting for bargains yesterday got a little spooked today when they saw the AMD warning and the Alcoa miss.

The particular bullish case for the blue chips here is that they've really had a correction over the last month or so, ... I look for the blue chips to catch up with the rest of the market and make new highs later this month.

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