Monday 26 March 2012

Caution

CAUTION. I met a young guy read stock's news at Larking bus station during my journey from Singapore to Labis. I heard someone chatting about stock in a lift. I received many many newsletter from brokers promoting stocks. What this means to me is that peak of the stock price is not far away.

I am hereby to announce that market is now in the last wave of economic cycle. Which means that most of the stock will rise, regardless of it's fundamental prospect. The period is, based on my experience, would be between 6-12 months long. Significant bad news bound to occur after 6 months and not longer than 12 months.

At this current market, I will not purchase any more stocks, but I will not sell either. Just do nothing. Within next 12 months, stock will soar and reached its peak (peak at ~June 2013), I will consider sell some stocks at June 2013 (should have some bad news by mid-2013). And then maybe ~June 2014, stocks reached its bottom. I will probably collect stocks from Jan-June 2014. This is my strategy for the next 2 years.

I may be cool at this blog now (no active blogging), because market is hot.
By the way, I will still try my best to answer any questions.