As usual people flame me for no reason
But after awhile they will realise again I'm not voted the SSI master for nothing
Who voted?????
STI chiong to 3000 in short term is confirmed.
After hit 3000, STI road to 3500 has begun
1. Loads of government aid for companies
2. Covid clearing up n stabilised, business as usual
3. Companies save loads of $ on salary, can get fresh grad for 1k due to covid even though covid clearing up n stabilised.
When companies do well, stock market will chiong, and shareholders huat.
Huat ah!!!
"confirmed" until got dragon got tiger... lol
After imf announcement, I did some analysis and decided to take profit and initiate short position instead
After imf announcement, I did some analysis and decided to take profit and initiate short position instead
My last purchase was in early April.
I am ready for the next correction.
As usual people flame me for no reason
But after awhile they will realise again I'm not voted the SSI master for nothing
there is nothing wrong in changing your mind after receiving new information.
I turned cautiously optimistic in April that the market may not go below the March bottom.
But not, I am bit more worried and haven't bought anything for nearly 2 weeks. I am still uncomfortable with the disconnect between the market and real economy, though there are many articles "explaining" why the market doesn't have to follow the real economy.