Thursday, January 28, 2010

Period of uncertainty, sudah potong?



During this period of uncertainty, unclepicks will not buy further, or sell further at the moment. There is no reason to be afraid of another slump like 2007 economy crisis.

Check this out, our Bursa is packed with lots of companies selling you at PE < 15. Who wants to put $$ into the bank with just 2.5% of interest????

Well, this is just another around of healthy correction (-5% to -10%) . Those TA investors are rushing out, just because the long awaited red sign (KLCI crossing the SMA 50 line) finally arrived.

Again, this is another opportunity to collect more, since the TA investors have left the game. They will definitely be back for next round. It might takes weeks or months. Be patience! :=)

The pre-CNY rally seems to be too short, and prices are not attractive to lock profit. No hurry, unclepicks will wait for next round.

Cheers~

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