Sunday, April 18, 2010

Waiting & Pick up_ A Long Overdue Correction

It seems that a long overdue correction is finally coming.

The world market, regional & local will come under attack by selling pressure, this coming weeks will see a meaningful correction. Including our KLSE.

We shall wait, then pick up value stock. selling cheap by panic seller.

I wish I can buy back Lionind at 1.56, Parkson at 5.20, Bstead at 3.40 & FACB at below 0.50.

Equity is still the best investment this year, esp in Asian. The strength in Asian Currency is a strong evidence for bullish in Asian Equity. Malaysia Equity Market will see a big push if Najib's Govt is successfully implemented it's New Economic Model.

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