Wednesday 29 January 2014

beginning of correction

if you think the stocks are cheap now, it might get cheaper still...markets are not done correcting yet. STI 3000 might not hold....watch out for 2900.

When the market sentiment is poor, fundamentals will be ignored(NAV, good financial ratios) and stocks will keep falling until sentiments improve.

Wait for US to finish correcting(might hit 15200....might only hor), then we go in and pick up bargains....though there are already some bargains now.

Save your bullets until after CNY. Happy CNY!!! Huat Uh ! Huat Uh!!!

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