Interesting 15/05/2006
Wondering what will happen in Singapore and Malaysia market ……
Most market down on Friday because of inflation, interest rate, oil problems…. Singapore market already did a correction on Thursday, but still, another red red sea can’t be avoid in a few hours time.
My current observation : economy has recovered, everyone seems to be rich and has huge buying power(from how good the shopping centers’ business can tell abit), housing loan interest rate increased(for both singapore and malaysia, damn it), more and more newbies come into stock market(it shown last wave has arrive, coz that’s normally when newbies will come in, they are new, but they can always “predict” the last wave accurately, ironic huh !!), better pack everything before the storm comes, in fact i’m 1 quarter late(if according to my previous plan).
Have sold chartered and datacrft to lock some profit and prepare for the storm, right now still holdingn some china stocks, and others, but trimmed down quite a fair bit already. Only worry about statschpac, might just sell to avoid any risk than expecting additional profit(in fact i should have done so, greedy !!). Some left over bio-treat and some biosensors(which i still have faith), 2 china stocks, china paper and cg tech(where i average down at 0.335), all these remaining holdings i’m still not that worry, or i don’t mind to hold them longer.
Anyway, lets see how things go, my start to save money now 
Good luck everyone.
Good luck fred.
