Even the lower liners are showing signs of lethargy. Coupled with a lower close on Wall St last night, I am going to close all of the positions today (except TMC Life) and hold cash. I shall wait on the sidelines till the dust settles. Since I foresee a correction soon, I might as well keep risk at a low level.
People be warn!!! The KLCI could be turning soon. Keep an eye on the 1,350 level followed by the 1,333 level. Break both and there is a good chance we are going to see a major or sharp correction.
No comments:
Post a Comment