Sun Tzu said, mata-lai choww... I am a good student of this word.
In my investment career, I had great escapes at the onset of deadly crashes like,
Asean Currency Crisis on Mar 1997 - Sep 1998
Y2K on Mar 2000 - Mar 2003
US subprime Crisis on Oct 2007 - Mar 2009
What's next ? FED knows.
We all go down from 1st step to 2nd step n all the way down to ground floor n at times to the basement.
Mkt's now at two minus. It can whipsaw in a range for awhile.
Do not wish to meet three minus = wealth destruction.
In my investment career, I had great escapes at the onset of deadly crashes like,
Asean Currency Crisis on Mar 1997 - Sep 1998
Y2K on Mar 2000 - Mar 2003
US subprime Crisis on Oct 2007 - Mar 2009
What's next ? FED knows.
We all go down from 1st step to 2nd step n all the way down to ground floor n at times to the basement.
Mkt's now at two minus. It can whipsaw in a range for awhile.
Do not wish to meet three minus = wealth destruction.
Risk mgmt n credit control process at the financial institutions will take over to ran its course.
Come July 8th Puasa month shall commence. Lots of valued high stock rollers might not be around for a long 'haul'.
I am so worried.
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