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
Last edited by raincool2005; 10th October 2007 at 01:39 PM.
loaded some blue chips and Cosco on bargains.
collected F&N (blue chip) at lows today, i think with LHY leading the company from 15th October, business profits will set to do better, huge dividends yield expected in long run.
this stock will do well during festive seasons like Christmas and Chinese New Year due to huge demand for drinks and food products.
as for SG banks, stay cautious.
Last edited by raincool2005; 17th October 2007 at 06:08 PM.
Yangzijiang is like Cosco. Both counters are played up by foreign bank funds. I sold some lots and saw ML, JPM etc... stay alert.. as they are not stupid to give free money, they had a plan, and u also better have a plan to exit.
Last edited by raincool2005; 17th October 2007 at 06:10 PM.
As China market difficult to say, maybe by end of this year need to be cautious.
The China share market can never be always moving up. Too scary.
today is 19th Oct, 20 years ago was the infamous day called BLACK MONDAY
Last edited by raincool2005; 19th October 2007 at 12:06 PM.
The problem is I doubt the bull run for this year will not last for so long.
1. US Sub prime problem is not solved yet.
2. With the baby boom going to retire Jan 08, the US will be collecting less tax
3. With high trade deficit, there are more outflow of $$
4. Expenses on war....
With all this problem, their pocket are going to bleed to death.