Let's poll.Which is your choice?
- Last stretch of bull?
- Mini bull like mini mooncake?
- Bear in Bull skin?
- The last 500 pts drop for almost one weeks is bull in bear skin? Bull all the way till last high of 3800?
STI for past 5 years
4 hours ago
Wednesday, 31 August 2011
bull? bear? mini bull? mini bear? bear in bull skin? bull in bear skin?
Sti raises by 93 pts today, various market also raises a lot these few days. Many seems to forgotten the instability in US and Europe.
Let's poll.Which is your choice?
STI for past 5 years
Let's poll.Which is your choice?
STI for past 5 years
5 comments:
I can't predict the future. But all I can say is that this is very bad news. If an investor's aim is to acquire shares of well-run companies at good valuations, then he would much prefer doom and pessimism rather than exuberance and optimism.
Hello OT,
Your STI 5 year chart looks interesting!
If we are buying the STI ETF or index, the only way to make serious money is to either:
1) Short the STI during 2007 or early 2008
2) Long the STI during early 2009
During other times, the STI merely flatlined...
Going back to your poll, I would answer (1) - its the last stretch of the Bull.
I've positioned myself that if it goes back to 3300, I make money. But if STI drops to 2400 or lower, I have the funds to take advantage of it :)
Hi MW,
I agree with you. I also like to add more well-run companies at good valuations, but I am stuck with the pain of my past. I guess this exuberance is a good time for me to sell in strength and restart my portfolio.
Hi SMOL,
Thanks for your answer. I guess you are well positioned for both directions. This can only be done if you have high internal strength which I guess you have super high internal strength. haha all the best!
Hi OT,
Haha.. This post tickled me. I had a good laugh. :)
I am inclined to believe that it is a bear in bull skin. In the meantime, watch out for the cubs! ;p
Learn to live with Bull and Bear.
Read? Bull, Bear and The Pyramid
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