Posted by Mat Cendana > 2013-03-18 18:54 | Report Abuse

The market is reacting to the imminent announcement about the dissolution of parliament and the state assemblies with some investors trimming down their positions "just in case." If the selling continues tomorrow, prices will slide further, of course. But it will also create opportunities to pick up quality counters selectively. Especially the oil & gas, telcos and certain construction counters which are doing well. It will require a lot of courage to go against the crowd. But that's exactly how the savvy investors make big money. The key will be capital management which includes one's ability to hold and wait.