Teh, good call. I sold most of my holdings (90%) today with a reasonable return....going to take a rest before entering again.... definitely when the market is more attractive then.
Yes, Nancy but it doesn't reflect the current economy situation. The economy outlook is still weak, many companies are not performing. Gov just creating a fake "good feel factor" only....
may be we can stay in market until FGVH listing next week.. after that market will crash..(just my prediction). Now market supported by Goverment fund.. overal marker not good as we read from news paper.. How ever we try to make pocket money as much as we can b4 market crash..
When I started investing many year ago,like you I go through books and analyst report but sad to say many went wrong the best is still do not buy on news .go for blue chips Companies that has consistent profitability .years back I followed Analyst recommendationd and bought , 8 out of 10 not performing
When markets are on uptrend , all experts tend to be right and you tend to see more experts giving talks ,as if the markets will never come down Then, it crashed suddenly and all experts gone wrong ,you will not see any talks for a while
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Posted by jacklew > 2012-06-20 16:22 | Report Abuse
Teh, good call. I sold most of my holdings (90%) today with a reasonable return....going to take a rest before entering again.... definitely when the market is more attractive then.