Wednesday, May 5, 2010

Investing Note on 5/5/10








This should be the first day of the recent "Real Corrections" during the rise recently. I think i should note down the dive. Although it was a dive, but stocks valuation still not yet cheap.

Apparently, Value investing opportunity havent appear. I think have to wait at least after 15 June and see what is going to happen. I told myself have to adopt wait and see strategy. 2nd Brother ever mentioned in his blog, 20% is minor corrections, 30% is major corrections. Its not 20 or 30% it is 2 or 5% now. SP still expensive at 1173.

Afterall , so many good news ,and ,we had knew. Investing is not you think or i think , it is not puppy love. So what we should have to adopt here is the wait and see strategy untill the corrections really happen and do value investing later.

Note:C as at price before corrections around 4.36. After yesterday dive it close at 4.26

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