Today is the last trading day of May and we may see some rebound due to Asia market rebound after Friday drop. For me this is the best time to exit from share market and keep your profit earn during last year bull run.
We may not know when the share market will drop more lower and also we sure will not been inform how bad Eurozone will be. Yesterday I read back some investment magazine issued last year start from Jan 2009 to Nov 2009 and I found out that most of the investor from bank were wrong about the market. They can said during 2009 FBM KLCI will only rebound by next year 2010 and after the share market start rebounds at mid of the year they said they had foreseen the rebound as early of the year 2009. So I think most of the comment we read from Newspaper are a tool to driven the retail investor to jump in or not into market.
Big fund is easy to sale down or buy up the share along with the news. So I think now better be conservative by keep money in gold not in share market, wait till year end from Nov to March to reinvest back into share market because most of the time this period blue chip share will bull run to close they account and fund manager getting they bonus so market need to bound up.