Saturday, May 12, 2012
^V^HAPPY MOTHER'S DAY 聽媽媽的話 ^_-Million reasons y we should stay away from shares mkt ( esp local mkt ) now ^V^
^V^
As I posted in month of March , I posted there do not buy in any shares ( esp local stocks ) n keep yrself away from shares 4 d time being ! it is proven correct ...mkt came down all d way from sky , DOW 13.500+ to current level of 12,700 n HS down from 21,500 to current level of 20K+ ,is this a full stop ? I dont think so... reasons ???
1) I foresees Greece will soon be kicking out from EURO!
2) Portugal n Spain oso in deep shit
3) D new elected France President will definitely screw up d earlier EURO rescue plan !
In local stock mkt , as known 2 u , D PRU 13 is right at d corner , a lot of uncertainties out there ! mkt will not go anywhere from here b4 PRU 13, mkt performance is very much depends on these 3 scenarios >
1) PR is expecting 2 performs better than 308 , if PR won n take over Putrajaya , mkt will likely crash down after that ( not bcos of Fund managers hv no confident on PR , it is bcos of BN in particular UMNO will NEVER let go its power so easily 2 PR , so what they gonna 2 do 2 maintain their power ? I think u guys r smart enuf 2 know what they gonna 2 do ?
2) BN win but in small majority , mkt will slide down in short term n bounce back in mid term.
3) BN win in 2/3 majority , mkt will shoot up after this n is good 4 local mkt ! ( 2 be frank, ... I dont like 2 see this ! I rather prefer mkt down with PR victory than BN win with bull comes back ! )
Out of d above 3 , 2 second is likely 2 be happened , if that happened , buy on dip after election .
Lastly, 2 all d mummy out there , d above 周杰倫-聽媽媽的話 song is dedicated 2 u all , HAPPY MOTHER"S DAY ^_-
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