Yes, dow went down , but my stock did not, look at Ezion, look at Olam, in fact, i am in profit, And i still see a dow of 14000 by yr end, i try not to state the stock i bought, because i do not like ppl to follow, cause i am in for trade.
If most mkt can close above opening px, that means alot more upside to come,
dont miss the forest for the tree, 140 pts down is not the end of the world,and most indicater are turning, please BUY AT OWN RISK, i m vested so i m biased.
But you would be wrong by this time next week, 70% i m sure.
[hr]
[SingSong 12-06-2012]:
CHEONGWEE: The Dow didn't soar 200-300 points leh. Are you stuck? I am stuck
Just my opinion, you decide, i believe as value invester, you should know that most fundamental stocks are very cheap now( but would be cheapest in next year recession) so now you can still long till yr end and sell.
I hate to keep quiet , so i just post to suggest you take up some position in the mkt now. and sell end of Q4 or beginning of Q3(this is not likely , unless US repot in recession).
I m porud to be in profit, hope you are too, and i do not hestitate to cut when warranted.
Next most profitable will be oil and gas, but pls dont ask me which one, i dont want to get the blamed for your losses, because i trade and cut fast if necessary
you go see and analyse yourself, there are many.
I did not buy Sakari,, i bought Noble , olam and oil and gas stock. Sakari is under presssure due to Indo govt politic, i will give it a miss for now.
I believe this time next week , mkt will be better, now we got Greece hurdle, then we will be ok, hopefully. all data are turning bullish, hopefully.
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