If they paint bad picture, a lot of time it is time to buy.

Tell me how many analysts positive about the market during 2008 crisis, Euro crisis?
Almost none.
Majority report said deflation threat, Euro disintegration, but now look back, it was once/twice a life-time opportunity to go in that now become 100~200% profit after several years.

Those report a lot of time "follow the wind" one.
When bull, talk about how high market can go.
When plunging time, talk about prolonged down time etc.

Now every report said oil price won't recover, oil supply glut etc.

No one said Rm can go back RM3.00 vs USD back 1998.
Everyone said oil price won't possible go back to USD50, when oil price hit USD120.

While just not long ago, most analysts said treasuries yield will go up when QE end.
Now treasuries yield plunging instead of rising and now below 2%.

Reit is not being hammered down...

Instead I want to dispose one or two that delivered poor result.
One gone, another one pending.

FD is better place to park your temporary money for time being, not reit.

Searching hard for higher FD rate lately? Haha.

Property sector may undergo some challenging period when GST kicking in due to consumer sentiment.


This post has been edited by cherroy: Jan 12 2015, 10:31 PM

RM30?

Means less than USD10 per barrel.

Cheaper than mineral water...

I smell there is something cooking on Armada, pretty strong buyer at 1.20 level.

Rumour merger call off.

The bear of FKLI taught, oil price continue to slide down, has upper hand in theory, but now being slammed hard by the bull.

Blinded then hit the wall and fall off the cliff?

There is high possibility oil price bottom out at USD40+ level, price movement seems more stable.

As usual lah,
when price shoot up, lot of prediction made by analysts going to 150, 200.
Now bear run time, then talk about 30,20...

So if you see from 30, then it is marginal higher loh...

There is possibility some short seller in futures market scramble to cover the short position, I can't see how oil price drop beyond 20~30 level, so if cannot drop beyond 20-30 level, 40 already near the bottom.
If it doesn't break 40, then it has high chance to go beyond 50. <---- sound familiar?

Learning "analysts language"...

Why need QE when US economy is in good shape?

QE only happen when economy is difficulty, threat of recession/deflation looming etc.
When economy good, you don't need QE.
When economy not good, you don't raise rate.

So, QE and raising rate won't happen together.

QE only happened when you cannot use conventional financial tool (aka lower/hike rate) to maneuver the economy.

RM already dropping quite a lot with 3.25% OPR (which is considered high as compared), QE will send the currency further down, not some smart move.

Liquidity is ample domestically, so don't need QE.
BNM still has rate, financial policy to maneuver around.

What oil price impact, slow down?

Bull is charging and bear being slammed hard.
Approaching 1800, and making new high?

Worldwide really need so many gloves?

So many new plants invested by gloves company across.

The QE is like a relay race. US then Japan then Europe.

It doesn't reward being a bear in the market.

who care 2016, the bull enjoy the ride at least 1 year plus.

Next year issue, next year worry loh.

New modern day share market, and business world, no longer talk about long term future to invest, as lot of things cannot be predicted nowadays.

The winner is always who ride with the wind.
Don't go against the market wind, don't go against the central banks intention.

If central bank want inflation, ride the inflation wind.

I quit shorting in FKLI, very hard to be a bear, once timing get wrong, burned badly, scramble to cover the short position.
While bull in FKLI, timing get wrong, never mind, roll over to next month or months, until become a gain.

Somemore index keep on changing its component, those poor performance being ditched out (like MAS), and take in good performance one, so index always tend to go higher.

The only choice is buy buy buy now.

KLCI is charging into new high territory.

I taught he finally may be hit the bulleye after so many year, when KLCI dropped from 1800 to below 1700 just not too long ago, but now KLCI is challenging new high.