Wednesday, October 20, 2010

100% Cash Position Now



Market is hot. All the penny stocks in KLSE has been fried up. It seemed like DJI never beaten down . I couldnt find cheap stocks in KLSE and NYSE. BP is neither cheap anymore. So its time for me to go for holiday. Maybe will re-enter market when all the fund manager go for holiday.

Some might say i am silly for i am on 100% cash position now. You dont know me, what i want is minimum 40% return every trade, with little risk. So i am not trading on trend. I always want myself to think and act as a contrarian. This was because only the 10% of the people will survive and earn the 90% of money, i have the strong desire to make myself be the only 10%

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