HAPPY CHINESE NEW YEAR

Its been awhile i don't have a new post. It was because i wasn't in msia. So sorry to all my readers.
Well.... Last week was a tough week. Share prices keep falling like nobody business. Luckily, there's a rebound on thu and fri for some counters.

There's a few things that we need to remember from now on.
-chill n rest awhile for cny.
-never think its cheap enuf to enter.
-fund managers, EPF, KWAP n so on are trying so hard to lock profit... so if we enter now = .....??
-is the consolidation considered as a healthy 1?
-if i were to buy.. i wil choose those COUNTERS with strong fundamental.

The market collapse when retail investors are EXTREMELY optimistic. Not to say collapse, a pull back may cause a huge loss to retail investors, especially contra player... thats when they got burnt..
Before the profit taking 2weeks ago, everyone is still shopping happily, looking at their "paper gain" never bother to lock their profit. They are now in dilemma... sell or buy more instead..?
I am sure they have alot of questions and couldnt find an answer. But there is a question in everyone's mind ... "what's next after CNY?" I believe.. if there's an answer, this will be the question which everyone would like to ask.

I believe,
there will be a after-cny rally for selected counters. KLSE's stocks have been trading side ways for 2 weeks(some of it fell drastically). you may consider to do some shopping now. but i wil jus wait until after cny and see how it goes. I might miss the opportunity of entering at lower price. however, i prefer lower risk. I am positive towards O&G counters like dialog and kencana. you may CONSIDER to keep an eye on it. I remain buy call on mas and drb.

Last but not least, HAPPY CHINESE NEW YEAR TO ALL MY READERS.
have a good rest, and we may start our brand new war after cny!!!! GONG XI FA CAI!!!!!!

BUY AT YOUR OWN RISK!! :)
FROM: NEWBIE