Recall in Jan 2016 ....RM was projected to drop and drop ...and the hottest theme was export theme stocks ....but look what happened now....those who bought and kept these so called super star stocks are all trapped!
These were Calvin's Calls
1) Ringgit will be the Best Performing Currency in the world. It was a Chun Chun call
2) To sell all high flying export furniture stocks due to ringgit rise against US Dollar. Another "Chun Chun" Call.
3) To Switch to Oil Palm Stocks as others might underperform.
Palm OIl Stocks Rose in 1997/8 (Asian Financial Crisis). Palm OIl Stocks also rose in 2007/08 (Lehman Brothers' debacle)
This Round El Nino will power up Oil Palm Stocks through 2016, 17 & 18
Therefore, you MUST be Contrarian of Mr Market. Always go against the crowd.
I can't predict the market trend. So I always buy cheap. If I can't buy cheap i rather keep my money in bank. What if it gets a lot cheaper after I bought? Jump ship lar. I m not the captain of the ship n I don't have to sink with the ship. Say bye2 to El Niño. Going to rain cat n dog soon. CPO can hardly hit $2700 even ffb production deteriorated to 35-40%. Say bye2 to $3800. It'll never happen again. I've waited for 4yrs.
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....
calvintaneng
56,631 posts
Posted by calvintaneng > 2016-05-02 17:28 | Report Abuse
Recall in Jan 2016 ....RM was projected to drop and drop ...and the hottest theme was export theme stocks ....but look what happened now....those who bought and kept these so called super star stocks are all trapped!
These were Calvin's Calls
1) Ringgit will be the Best Performing Currency in the world. It was a Chun Chun call
2) To sell all high flying export furniture stocks due to ringgit rise against US Dollar. Another "Chun Chun" Call.
3) To Switch to Oil Palm Stocks as others might underperform.
Palm OIl Stocks Rose in 1997/8 (Asian Financial Crisis). Palm OIl Stocks also rose in 2007/08 (Lehman Brothers' debacle)
This Round El Nino will power up Oil Palm Stocks through 2016, 17 & 18
Therefore, you MUST be Contrarian of Mr Market. Always go against the crowd.
Got it?