Tuesday, August 9, 2011

What is the market direction?

The global equity markets have major correction in this week. This was due to the US loss the triple A rating to AA+.

Why i sold my penny stocks?
I'm not comfortable with the current market. Many good blue chips price also corrected a lot. I plan to use the same fund to buy these blue chips.

Let the market settle down and take my time to buy up the stocks.

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