This article came out yesterday but Bursa has rebounded since end Mar'20, and Cold Eyes still asking us to wait for the bottom ? The bottom already passed lar.
This Coronavirus scare is differ from 2008 financial crisis that needs longer time to pass. When Europe and US's number of confirmed case per day starts to reduce, the stock market starts to recover. The market does not need to wait till vaccine is found or all the dusts settled. Remember, stock market is always forward-looking.
"People have to remember that, if you wait around for these theme parks (Disney Theme Park) to go back to full scale, up and running, with everything, all the people coming back, the stocks will have already bounced,” Maley added. “Always remember that the stocks always bounce long before the fundamentals go back to normal.”
If look around the world, has this virus pandemic over?
Some think yes some think otherwise. We'll see who’s right who’s wrong then.
You can express disagreement and act accordingly for your money, pls do more research and study on individual company that you about to or already invest, truly hope all make money regardless whatever you think.
Malaysia Stock recovery very fast ne Many Ikan Bilis making a lot of money from it Hardly to drop as this year is US election year Uncle T will do anything to protect US and his interests
Sifu Cold Eye was one of the very rare bullish investor during End 2008/Early 2009 while many were worried The Great Depression 1929 could come back then
He was proven correct...
Now he is very bearish....maybe he is getting older...anyway his last 5 years results was so so....
Really missed him during the good old days when he promoted n predicted correctly on palm oil counters (2000+) n property counters (2011/2012 I think)...also on Hevea...
Weak sentiment was lifted when USA announced to issue unlimited Bonds & QE. These r purely man made sentiment. D real mkt reactions r yet to emerged where severe jobless & unemployment rate claw up soon. Watch out for it & good luck guys
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Posted by moneySIFU > 2020-04-08 00:31 | Report Abuse
先见之明?还是井底蛙望天?
4次股灾+50年投资经验 = 懂个屁?
投资所得过亿 = 笑死人?
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股市还有下跌的空间,大家无须迫不及待的下手,应耐心等到投资者一致悲观绝望,股价跌至令人难以置信的水平时,才是下手的最佳时刻。