Just wanted to say that I’m still around… what with crisis after crisis in the financial industry, the Olympics and all the shenanigans going on in the Malaysian politicial scene I have not had a chance to research any new articles lately.
But here’s a quick note to medium and long-term investors and contrarians: I repeat my general advice that it’s extremely difficult to time market bottoms, but it is possible to scale into positions as the market hits the bottom and start to crawl its way out, so long as you have patience and are prepared to wait out the highly probably lack of movement in the market that characterises the gloom so common ro market bottoms. Although there is a lot of value out there in blue chips, traders with a higher risk profile might start to look more aggressively at growth companies, and prepare to scale into them with a 4-6 month expectation that a market bottom will form as lower oil prices contain inflation and spur demand (inshah allah)…
No comments yet.