I rather stay away from market than jump in to follow herd. Although i may miss a lot of profit oppurtunity, this kind of market just not my cup of tea!
Recently, i received a lot of friend and family members asking which counter will go up next, wanna to pour their saving into market and earn quick profit... etc
Very familar sign! when market focus swing from bluechip to penny stock, one should known market likely in danger for major correction..
when evrybody was on the same direction, we ought to act differently. better be safe than sorry, capital protection is still upmost important, this rally maybe a fishing by the big guy. Distribution come into play when heat market is created. Hit n run still the best else may trap yrself in there & losing the opportunity in the later stage. DIvidend stocks still the safest bet.
Wow, the bullish sentiment seem fast spreading among retain investor, everybody rushing to jump in, pushing share higher and higher without any sign of healthy correction.
Everday, newspaper highlight new KLCI index record, stir up sentiment and all people get excited. Stock analyst even stress that index very likely to try to break 980 to even 1000pts, everthing seem ok now, prompted investor to take higher risk to get higher profit...
6 comments:
Market volume hit another record. Very-very hot.
Take this oppurtunity to dispose all Melati at 64-65sen; whitehorse at 1.10-1.13. Sold partial classic scenic at 34-34.5sen
Another record, likely to last a while but need to be cautious.
Penny are all in the hit...
I rather stay away from market than jump in to follow herd. Although i may miss a lot of profit oppurtunity, this kind of market just not my cup of tea!
Recently, i received a lot of friend and family members asking which counter will go up next, wanna to pour their saving into market and earn quick profit... etc
Very familar sign! when market focus swing from bluechip to penny stock, one should known market likely in danger for major correction..
when evrybody was on the same direction, we ought to act differently. better be safe than sorry, capital protection is still upmost important, this rally maybe a fishing by the big guy. Distribution come into play when heat market is created. Hit n run still the best else may trap yrself in there & losing the opportunity in the later stage.
DIvidend stocks still the safest bet.
This morning, market up another 15pts!
Wow, the bullish sentiment seem fast spreading among retain investor, everybody rushing to jump in, pushing share higher and higher without any sign of healthy correction.
Everday, newspaper highlight new KLCI index record, stir up sentiment and all people get excited. Stock analyst even stress that index very likely to try to break 980 to even 1000pts, everthing seem ok now, prompted investor to take higher risk to get higher profit...
What program do u use? How come the brake even point is so low?
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