QUOTE(sharesa @ May 18 2009, 11:43 AM)
there is not another financial crisis coming 2nd round, or there is?
If not another crisis, then shares pricesĀ drop should have some cushion.
the recent rebound lasted for a whooping 5-weeks time, which is consider LONG.
analyst said that there will be another rebound on Q3, before another great slump hitting us on 2010.
QUOTE(dsugums @ May 18 2009, 11:47 AM)
I think you are right. I think it just a normal correction since most stocks are overbought on the charts. Once it hit 50% rate, it will rebound. Bought myself Sealink since it is giving away 4 sen dividend in July.
Uncle and Aunties are scared shit now and start selling to lock in profit or simply cutting loss. If the CI closes above 1005, then it should be safer,
i am eyeing on sealink for its 4 sens TE div as well.
"eyes white white" (cantonese) see it jumped from 40 sens to highest 7x sens, within a month.
at the price of 62 sens, you're still getting a approx 6.4% yeild.
me being kiasu, waiting for it to drop further. meantime, i'm watching panamy closely too.
This post has been edited by panasonic88: May 18 2009, 11:58 AM