Blog: Sale In May Buy In October!

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2 comment(s). Last comment by kong73 2012-04-24 23:59

Jonathan Keung

4,388 posts

Posted by Jonathan Keung > 2012-04-24 13:37 | Report Abuse

KLCI support is weakening except for the index linked counters.Foreign Funds were net Buyers for the past 15-21 days. Spain & latest Denmark affected by the on going instability. Sell in May may come true if China again showed negative (marginal) growth in the latest quarter.

Best (side-line) and wait for opportunity before fishing in the troubled waters.RHP Cap still uncertain on their merger with OSK. MAS bleding. ETP uninspiring and with GE-13 dates pending. Your guess is as good as mine. Cautious is the key in this uncertain times.

kong73

2,060 posts

Posted by kong73 > 2012-04-24 23:59 | Report Abuse

good tip..trending down now..perhaps sell now n not wait till May..aiyoo..decisions..decisions..

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