Banks have high exposure on ace, especially with the recent run up of many aces. Should external factors affect the market, banks with big holding on aces and the aces collapse, banks go the holland.
If I know which ace will be sell off in the morning, I will become rich by shortings kikiki
Today very quiet. Most counters trade cautiously. All my counters not moving!!! hahahehehe! Good oso lah... protect my investments from going down the drain.
Come May ( tomorrow!), market will slow down...my stocks have already gone Zzzzzzzzz... Hehehe! No over night profit one leh. Not realistic to even expect that,,,
Anyway, will watch how this counter perform before deciding what yo do next,,,..
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....
nicermannson
1,094 posts
Posted by nicermannson > 2014-04-28 23:59 | Report Abuse
Sharks dumped because they got information before the banks put hedging on their dealers and remisiers.