Thursday, May 14, 2009
Confident is more important than Gold !
Chinese Premier Wen Jia Bao has commented that ' Confident is more important than Gold', when referring to measures taken to resolve Financial Crisis.
Same goes to Stock Market.
A rally will resume after a pause, if the investor/punter have faith on the stock market. The investing attitude of the investor will determine the direction of the market.
Will you dump your stock if the market go down ? or
You will hold your stock for the 'Value', not the price.
We need not fear a Market Correction or Consolidation, the positive factors that contributed to RALLY such as market liquidity, year end economy recovery still intact.
Every rally will have correction, rally will resume after a pause.
(Picture: Penang Hill, Funicular Rail Way, Penang)
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