This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Buffett has been uncharacteristically quiet this time.
ReplyDeleteMaybe he knows something that we don't... heheh
I thought it was a bear market rally but it has been rallying off the low of 23 march since then. I still think the STI with the banks which need to take loan losses provision will gradually correct down. But i am not sure whether we reach the low of march again.
ReplyDeleteWhat do you think, Uncle?
Casino stocks are always a great buy at the right price. I would think 78ct is a fair value (30ct cash) but not a great price considering the china and asean tourist would not be rushing to gamble in rws casino anytime soon.
ReplyDeleteIt may stagger side-way for a while due to uncertainty and if enough earning plunge has been factored in.
ReplyDeleteMaybe the Cat is not Dead yet?
ReplyDeleteHow about u CW? What do you think? DCB, or Rally...
ReplyDeleteApologies that I am gg to be blunt. Over the years, I realized you tend to ask when a situation a more 50-50, and less than frequent you like to provide your firm opinion.
Maybe you are too kind and does not want to offend?
So what do you think? Rally or dead cat?
scenario 1) Economy so bad, who will want to go gamble?
ReplyDeletescenario 2) Economy so bad, many people going to try their luck as their last option!
YES.
ReplyDelete