These couple of weeks...the stock and forex markets were like crazy, up and down with big up and big down all within a day. Super choppy....and big fortunes are made and loss.
Why? investors are finding excuses to excite the markets and since with the PIGS countries' troubles....that gave them the reason and the rest is history.
Today...the US market opened lower and slowly managed to close higher esp during the last 30 mins if not then...it will be very ugly here come Monday. Yesterday fell heavily during the last 1hr, today it was the opposite.
So...come Monday, the Asian countries' stock market should be steadier at the start and last till the next day. The bailout package for the Euro is almost ready and you
may want to step inside ( so-called in the market ) or risk missing out on the rebounce if there is one since the market has corrected itself.
Guessed...after getting burnt by the stock and forex market and with what are happening at the moment. Best to lay low and count my blessing for now....and prepare myself for whatever is happening and the future!
Friday, May 21, 2010
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About Me
- wINtoTo N aLSo 4D...yEAh!
- tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.
4 comments:
Have already vested on 10 lots each for Swiber and StraitsAsia.
On Monday, will watch for bank and property shares. They have gone thru a lot lately.
Even SMIC - US ADR has recovered to USD3.86 for 34 cts gain.
Watch out for May 25 & June 3...CLSA Fengshui Index 2010 says that those are 'inauspicious' days...
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