oil crisis soon will be stable back and everybody can accept it.... for this time everybody also scare of oil crisis due to ppl still dun wan accept the facts of oil price dropping......... no need to scare on our KLCI la.... this is not market crash... if market crash then need to run for your life la....
The whole world is impacted. Not just Malaysia. So we have to be cautious not to over heavily invest in share. So you are right to sell and stay on the sideline while waiting for fresh leads.
all i see is smaller shark also dumping the share now...Now oil price keep dropping. if really break 60 barrel. that time malaysia also will face small reccession. today systech already cross it danger zone. no one can predict how low it can reach, Example like Priva n minetech. scary. now we not put an eye on klci. focus on oil market because it can cause mass panic on the market since it hammer down all stock now. but if until bluechip also drop then the bear bear i here already. Logically mostly today afternoon will ahve a mass sell down show. but if there is a chance if buy back mode on it will rebound back but chance so low now. Oil keep sliding. lets us hold tight. we only have few choice, either cut lose, average sell out, or accumulated it. for me i already out the market, profit taking is important since we buy up cheap, secure fund first. who stuck at there better average it as soon as posible. i will re enter when it reach today RM0.24. my price depend the oil drop how much first. The next quarter report should be nice however is on Feb'15 is still far away and August 2015 Dividend will be given. either to hold or to average. this is not a buy or sell call Tq.
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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....
20% Lucky 80% Lucky
183 posts
Posted by 20% Lucky 80% Lucky > 2014-12-09 11:02 | Report Abuse
shark run ady? huge amount