Looking For New Year Rally?

  • cheongwee.
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11 years 8 months ago #12061 by cheongwee.
Replied by cheongwee. on topic Re:Looking For New Year Rally?
Greece, Fiscal cliff, and ME
I think agmonst the 3, ME is a real fear factor, Iran is now facing it own internal problem so hopefully they could not support it brother in Gaza, but we can never know, because Iran got a nut as it President. He could do thing beyond normal. and that will be bad for stock.
But truthly, all these crises already affecting our economy, look at our mere 1.5%, next year will be worse, with europe poor,
But China new head will definitely come out with strong stimulus, hopefully this will ignite a rally in stock,
I sitll see a new high for the dow by 1Q 2013. it is not difficult, just some 13% form this level will see dow cross to a new high.
let hope so.
And thanks Lily for your nice word.

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  • Lily
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11 years 8 months ago #12096 by Lily
Replied by Lily on topic Re:Looking For New Year Rally?
Hi Cheongwee
YHM up today. Any other penny stk u hold other than
YHM n CCFH? many tks

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  • cheongwee.
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11 years 8 months ago #12097 by cheongwee.
Replied by cheongwee. on topic Re:Looking For New Year Rally?
Lily
YHM, bought 17 sold 32., rd 1. now bought back at 29.
CCFH, loss here, bought 59, cut at 54, but now buy back at 43.
Otto marine, bought 86, still holding.
TT int, this one make lots of $, bought just before it soar, lucky again this time, bought 10.2
I also bought Ezion 1.31, Noble, and Genting just 2 days ago.
Look like penny is on again.
Observe strict stop loss for all trade.
During the recent sell down, loss some, was stop out of some. But still in the black.
YHM look good, good report, can consider to chase this one tomorrow, I am prepare to buy on the way up.
 
 

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  • cheongwee.
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11 years 8 months ago #12110 by cheongwee.
Replied by cheongwee. on topic Re:Looking For New Year Rally?
I think time to get back into risk asset, that is stock. Buy now for a new all time high which is a very possibility.
I have bought.
All indicater point to a very strong upturn soon.
If you are value or conservative., suggest you buy Ezion, Ezra, Noble, olam, sembmarine, kepcorp ,Genting, DBS, UOB. Kepland.
I think we seen the bottom for this correction. JMHO

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  • Cheongster
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11 years 7 months ago #12385 by Cheongster
Replied by Cheongster on topic Re:Looking For New Year Rally?
Cheongwee is being proven right. The rally is here and there is momentum.

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  • Guest
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11 years 7 months ago #12387 by Guest
Replied by Guest on topic Re:Looking For New Year Rally?
Even a broken clock gets the time right twice a day.
People like to believe that there is a guru sheppard out there that will lead them to salvation. It gives them hope. But it's an illusion. For we are mere mortals who cannot read the future.
 

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