The Star Global Malaysians Forum - Posted: 09 March 2007 at 4:30pm
Back to economics basics - The Superbull. Take into account :
a) Consumer Price Index & Inflation,
b) The volatility global crude oil price (may turn the Superbull and to a Deep Bear),
c) Bluechips - carefully/systematically plan anything to do with abroad investment,(also never forget the RM)
d) Anyone know if there are still 'safe stocks' (bear-proof)? If so, will the risk increase or decrease in owning such stocks in large numbers?
e) Closely monitor NASDAQ/DOW - gaining or not gaining? (weight)
f) WAR-WAR-WAR...no more WAR!
g) Always be reminded of the 1990s
h) Politics
i) Buying Power, Selling Pressure and Profit Taking
The superbull is real but the current volatile correction should now serve as a reminder for everyone to 'review investment plans'
Where else can I find my superbull?
Yesterday, someone told me - 'Commodities'? I said - "Huh? What investment or economics books have you been reading? "
Reply : "Yes, it's a bit conventional but it may hold the answer. Up to you Nik to take my word for granted or otherwise - remember, you brought up the subjects of improving internal mechanisms of any business entity - e.g. supply and demand, quality & productivity, find better ways of doing/improving marketing/branding and sales, improved governance, tips/rumours/data/information screening & analysis?
I didn't give any response but asked him again..."Any other 'superbullish' tips? He stood up, called the waiter, paid the bill, shake my hands and said "Mutual Funds"
and guess what, momentarily before he left, he said some 'ouching' phrases to me "And Nik, cut the craps about the 'psychological sentiment' - I know you mean well, You're an analyst - not a fortune teller" (and left with that 'unforgettable cynical smile')
Gosh...I was stunned...(the guy has been reading GMN)
Ok..my advise - it's time for us to correct our past inaccuracy, prepare a better plan when buying or selling - remember, if the superbull come charging in later (which I'm counting on it - I can almost hear the 'snorts'), all of us would be lucky...trust me!
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