QUOTE(HereToLearn @ Feb 13 2021, 01:08 PM)
I think he meant short sell counters that are covid-related/highly inflated stay-at-home counters because of covid cases dropping rapidly.
Funds might rotate out of the these counters to recovery/get-out-home counters like restaurants, malls, casino, banks. Rally in these counters will come sooner than most expected.
ok thank you that makes sense liao.
vaccine is one thing, what i worry is 18th feb mco, it cannot end coz mydin needs darurat to stay in power, darurat needs mco and high covid cases. so mydin most likely extend mco again with most businesses allow to run like now, and recovery stocks will drop like flies again once mydin make the announcement, he loves announcement.
and mydin said once covid under control, we ll have election, klci gg again.
current bull is a bull trap, imho.
This post has been edited by greyPJ: Feb 13 2021, 03:14 PM