Aiiyaahhh ! Just only a temporary technical rebound lah......and it won't last long ......unless you bought at today lowest price . .....you can make some small profits through selling . Back to shits again l believed with the weak market sentiments surrounding the international markets . Don't feel happy yet .
Yen is strengthening, Euro strengthening, US $ strengthening......developing courrencies weakening.
Don't buy when all around you is losing their heads, when you want to buy?
Shanghai market is expected to limit down when it reopens on Monday. More chaos, more time to buy.
But no matter how you look at it...from psychology, from technical, from fundamental angle, ...I would be buying, not selling.
There is this reversion to mean meaning at least a technical rebound is imminent.
Japan is crashing . That is because the banks will suffer from the negative interest rates. But, against all expectations from the government, the yen went the other direction and strengthened...whatever problems Japan has is very internal and will be reversed soon.
As you can see from the fund flows., foreign investors are net buyers this week and will continue next week to be net buyers...the local funds who have been selling this week will also stop selling next week.
Net net....don't know about you, but I have turned bullish ( for the time being)
forget about bluechip talks,it make no sense, stocks are globalized,if your products captured markets , good returns and earning ,the stock should moves up,otherwise bluechips can become shitchips.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Desa20201956
2,286 posts
Posted by Desa20201956 > 2016-02-12 16:06 | Report Abuse
lets hope Tsai tells the Chairman to buy back every thing he sold....or else......