First of all, I would like to wish everyone a Happy Dragon New Year as we heads into a turbulent 2012 cautiously.
STI has run up an incredible 10% bull run since the beginning of the year and volume has been going up. With the STI almost touching the 3000 mark soon enough (if bull continues for the next couple of days), experienced vestors must have patient to wait for the right moment to enter long. As previous experience has proven, when there is a bull run, not only big money are entering, but also the various source of money from the neighbours who wants to ride in the bull run.
As always, look out for opportunities ahead and wait for the right moment. But as history always repeat, people never learn their lesson and will still buy on impulse again.
Has the right moment arrived or not?
Hi CW
Every moment presents different opportunities for different people.
With your experience in the stock market, I am sure you are in a better position to analyse the situation better than me :p
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