Got shares, stuck on my portfiolio and am stuck with a lot of paper value loss
Cut loss and now waiting to stay invested
Sold everything on the high and out
Defensive counters - ComfortDelGro and SBS. Profits year after year.
Most broking houses advised their clients not to short sell because the markets will U-turn anytime.
What goes down must come up.
Read in between the lines.
SBS's profit dipped 30% in Q3 due to the payment of S$2.6 million for GST. Where does the money go? Isn't it obvious.
For the 1st nine months 2007, SBS has made S$41.6 million, an increase of 2.4%.
Therefore, don't just read the headline, read the content and digest it.
Was the profit increase more than 30% on the previous few year?
Sony Alpha 700 hobbyist
I think it's time to break your piggy bank ..... buy some stocks now!
always the Light, .... always.
Singapore Raises GDP Forecasts on Services, Building
Traditionally in Nov-Dec month, the market is very quiet as most fund managers / traders are on leave to celebrate the festive season.
Therefore, the market can swing very fast due to lack of volume.
Ha ha! Markets dropping like what some investment gurus said they would. Looks like there will be some support in the near term for Singapore based solely on technical analysis. Can't say the same for HK and China though. Window dressing period coming up soon, not sure if this will be able to provide some impetus for the markets to rebound before the end of the year.