Samgoss said...
Rookie, is 28 Feb 08 is d date to sell off all yr shares ? my answer is : I dont know " , no matter what, i will stick to my initial plan, sell along d rise ! minimise yr portfolio when mkt going higher n higher ^V^
D reasons y i want to dispose most of my shares by 28 Feb 08 !?
1)D bull was started at beginning of 2006 ( check yrself :-Hang Seng, SSEX, STI n Kopsi ), according to history, d life spend for bull is around 18 to 24 months +, SSEX n HangSeng r at historical high in fact it is already sky high ! due to olympic effect + more fed cut ahead, i forsee there r still strength for Asia stocks to move for another 3 to 4 months, couples with traditional good month for year end n CNY, I think mkt momentum is still there from now till CNY. no matter what, always remember d golden words " there is no forever up mkt n also no forever down mkt " ! hence , i decided to minimise my portfolio to at least 1/3 by coming 28 Feb 08.
2) According to my 8 zhi =birthdate ,next year is a bad year for me n those who r same age with me , next year is not a year of attack, it is year of defence ^V^
Is my 2nd reason acceptable by u, ? well.. different ppl has different believing, i believed in fate n feng shui, when d luck n strength r not on my side, i will choose to retreat ^V^
AM i sound like feng shui lo ? ha ha..to be frank :- I AM :}
October 27, 2007 1:33 PM
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See how Ma How Pau uncle sam is ? ha ha , my timing is abit out.. sighhh ! she came one month earlier than my estimation !
I have changed my strategy from hold to " hit n run " ! first , I am minimising my portfolio by selling off 2/5 of my mahsing @ 1.85 for some profit taking , later on , I will sell my other stocks on strength b4 CNY , I dont think KLSE able to climb above 1,420 b4 8 of Feb !
As can be seen, mkt sentiment getting weaker , SSEX is crashing , volume is thin, d most killing part was " Mkt confidence is not there anymore " everybody waiting to dispose their stuck shares ! how to rally up in short term ?
Is there any GE rally after CNY ? after recent plunge , I think d GE rally is only applicable on certain political stocks only , it wont spread across d board like what we predicted b4 d world mkt slump !
When time to retreat , RETREAT ! no stocks can go against d gravity in bear mkt ! be it FA or Non FA stocks ! d different is if u r buying FA stock , u will be benefited in long term but u hv to lose some opportunity n holding cost !
Though my target of 700K gain by this coming 28 Feb had gone with d wind after d recent slump , but to maintain my 568K realised gain shouldnt be a problem for me at all ! just like what d great WF said :- To make money from shares mkt is dont "LOSE " !
The attached picture is actually an ancient Chinese astrology called iching , take it as a guide for yr shares investment 4 year 2008, fyi, it did talked about "strength in metal " last year , look at how metal performed today !? believe it or not ? u decide ^V^
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