Kenmark case has shown us how fear & panic can affects investor decisions. Down from 85sen to 6sen within days. Panic cause dumping of shares, even broking house & bank incurred massive loss on fear & panic.
The same apply to overall stock market. A very sharp correction for all major stock markets.
Fear for another financial crisis, started from Europe debts crisis, China property price correction & etc.
I believe now is the time to pick up good undervalue stock. Accumulate slowly & wait.
Wait for the hot money to return to Asia. Otherwise where else they can go ?
2 comments:
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You must be talking about fearlessness and not Fear isn't it?
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