But I would like to point out that Dow Jones have hit all time high when the economy is still struggling. It goes up because of hopes on future earnings. If the earnings fail to pan out the quantum the market expect, it will likely to come down hard.
Metal Rooster 7 Sep – 7 Oct The Hang Seng sees the Rooster fly in and keep the Ox on the path up. All may now ride the Ox up and rest on the plateau. The season of profit taking begins.
Given there is recent surge & new waves in covid cases around the world PLUS the Dow Jones now at all time high, it is not a sin to take the money from the table and wait patiently for the opportunity to emerge in End-October 2021.
If you decide to hold and do nothing, your action is as good as letting others to sell first at the peak. A 15-20% drop, margin calls for those bilis. Then, major selloff will be triggered. As per experiences in the past, there will be 2-3 major selloff in a year. I think the time is about to come.
CLSA is not reliable for KLCI market due to our political issues. Since the ruling party lost 2/3 of the majority, our market is wobbling. More reliable for Hang Seng Index. But is a good sharing anyway.
Political uncertainties & Covid at all time high. The possibility of Dow Jone continuing to reach record high every day is unlikely to happen in the near future. The best if you could go defensive now by keeping some cash so that you can switch from defensive to aggressive when the opportunities knock your door.
Eh what feng shui crackpotto are you.. Already sold down so much...who gonna sell.. You sell all your stocks lar.. Bring your feng shui business to the middle of Indian ocean please. Bede CRACKPOT..
Sorry I mean today as I feel after reading all.kinda funny articles.. Lots of people sold due,to fear. If institutions sell, that is another matter.. BUY WHEN EVERY ONE IS FEARFUL!! And hold.. I gonna load up.on my Public Bank.. Hehe
It is clear who amongst us is a true superinvestor and who is a mediocre one trying to hide their mediocre returns behind the facade of 'timing the market'
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calvintaneng
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Posted by calvintaneng > 2021-08-11 21:40 | Report Abuse
true or not no problem at all
palm oil rock solid profits
go hide in the cave?
no no no!
got buy palm oil shares
Collect Tsh resources and keep for one year