Wednesday, 12 June 2013

STI gains for the year are wiped out totally in 3 short weeks!

Dear Friends,

STI today breaks the price of 3188, the opening price of this year. And this happens in a matter of 3 short weeks of trading after a 4 months increase. Yes, everything is wiped out. We are at a deficit of 18 points now for the year. Given US and Japan strong showing for the year, STI really looks a great disappointment.

This is a timely reminder that the market can be very unforgiving when everything turns bad! All gains of the year can be wiped out in a month. It is always good to be cautious when things are too good to be true, when everyday the stocks are running. Remember that Nikkei can tank 1000points in a single day amid the bullishness.

Do remember that this is a terrific OPPORTUNITY! Every market will have its turn of bullishness and bearishness. I know that KL stocks recently have a great run. The run will halt one day. Rotation will occur. And maybe SOON, it will be the turn for STI component stocks!

I am looking closely at STI component stocks, especially when it is near my targeted 3000-3100 region.


Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...