Capitaland, CityDev - Property Counters Up on Relaxed TDSR

The news just released that the Government is easing some property measures in the past like TDSR and sellers stamp duty. Look at Capitaland and CityDev, they both shot up the roof. Other players like Wheelock,, UOL, Oxley and many other property counters also moved. The move was so fast like in 10 mins and there was virtually no time to react, but well, we long Wheelock on Monday which was before this news released. Congrats all!

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Ronald K - Market Psychologist - A Stock Market Opportunist