As I write, Hangseng index is down 1000 points, Nikkei about 400points, STI about 100 points, DJ was down 366 points last Friday. Do you smell a lot of fear, "blood" in the market?
If you are vested in the market, are you feeling fearful, ready to stampede for the exit and sell at the low point?Remember Aug where the subprime caused the market to tank but recovered miraculously? Think again, we are approaching again the last qtr of 2007, where in the last qtr, markets are known to "chiong". Of course it may not happen this year as a caveat.
If you have ample reserves, perhaps you may want to look at stocks that you may take a shot at . I am.
Firers, load and ready, at your own time own target carry out!
Monday, October 22, 2007
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