KLSE TIPS MARCH 2012

Take your profit and run.

lotsofmoney
Publish date: Fri, 02 Mar 2012, 02:13 PM
lotsofmoney
0 14
March 2012 posted a lot of present surprises.

The ECB suddenly decided to pour money into the European Banks up to 600 billions. Over 80 Banks rushed in and took the cheap money.

This has a lot of spill over effects for the rest of the stock market.

KLSE Index went up to 1584 this morning.

I only expect 1560.

My advise is to take profit and run.

The cheap money is not going to last for ever.

You can always buy back the shares when it comes down.

If they don't come down, you still win.
Following Message

The KLSE Index went up to 1584+. I only expect 1560. I think thw whole market is overbought. I am unloading all my shares and wait for the downturn when the cheap money from ECB ran out or The Iran war break out.

 

I had earned enough and probably will retired for the month of March 2012.

 

I am not worry about  ' lost profit'.

 

One cannot be too grreedy.

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Discussions
Be the first to like this. Showing 7 of 8 comments

lotsofmoney

good luck.

2012-03-02 14:24

Su Jackie

We still have more time to make some more money. Next week will be exciting with ups and downs. Agree that KLCI will be all time high because it is so much easier to push 30 main stocks now. We will see some upside next week.

2012-03-04 11:17

lotsofmoney

Agreed. It will take one or two weeks for the massage to take effect. The problem with most prediction is that it give too little time for the others to react. So one or two weeks of selling down is what I would expect for those who followed my advise. By all means, keep the shares you love and only dispose of those shares that you are gitterly about. You win either way.

2012-03-04 12:57

Chong Kong Hui

lotsofmoney, your prediction starts today!?

2012-03-07 14:06

lotsofmoney

Not ready, I am now looking at buying opportunity. My next prediction is that the KLCI will hit 1650 to 1700 after April. My advise is to look for quality shares to buy now!

2012-03-07 14:52

ckchung

bro lotsofmoney what quality shares u have in mind? kindly recommend

2012-03-07 15:17

lotsofmoney

CIMB ,Maybank ( a little expensive now), Sime Darby or Telecom.

2012-03-07 15:20

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