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| Thursday, August 30, 2007 |
| What now? |
Like what I believed, the volatilty should end soon. Whether it actually climbs up (my belief) or down, should be evident by end of next week. Of cos, if the FOMC does have an important effect, which most probably does, then its is from 18th September onwards.
Anyway, what I believe is that a strong stock should make a good recovery after irrational price shocks. And right now, it is the best time to see which are the stocks that are recovering sharply.
However, one important thing to note is that at the moment, while the whole subprime issue is drilled into our heads, we must still be careful of what is going on. Dust might have settled, but trend is still unclear. Be disciplined if you have to trade |
posted by Nenix @ 1:04 PM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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