Low Vol Clips Market, Dump Big, Speculate Selective Small, Invest Defensive
by ckchoy
Tracing back my data, I still can see STI average volume in Jan 2011 is about 2 bil. But from Feb onwards the volume has been dropping and till now it maintains at low as 1 to 1.5 bil for about 3 months plus. Volume in the market is important as without it, any upside is hardly held and unsustainable.
Switch to defensive
If you trade blue chips, you will have the feeling it goes lower and lower, the rebounds are short but the drops are fast and more sustained.
There are some signs that funds are getting into the defensive like defensive stocks and preference shares. If you are a preference shares investors, you will notice the prices are appreciating. Hence this is another sign investors are getting defensive.
Trade short term
But market will not die, there are still speculations around especially short term traders, day traders and brokers still need to make a living by trading, hence you can see once a while, selective small caps will be in played. The action is hardly broad based due to low liquidity.
Until we see volume comes back, may be it is wise to dump big caps and speculate selective(those may have news speculation) small caps. Goto defensive
Short term (1 - 3 weeks) - switch to defensive, speculate selective small caps. But no hurry to cut blue chips, can sell on strength for any rebounds.
Mid term ( 1 - 3 mths) - accumulate blue chips slowly, but must have the mindset to hold for few months. When volume started to pick up, the sentiment for blue chips will be back.
Be decisive, Be patient, Don’t be greedy, Don't be stubborn
Disclaimer
如果要翻译这个网站，请使用google translate http://translate.google.com
The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.
You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.
Any views, opinions, references or other statements or facts provided in this are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.
Personal Data Protection Act (PDPA)
You would like this website to collect your personally identifiable information that can be used to contact or identify you (“Personal Data”). Personal Data may include, but is not limited to:
- Your name, email address and phone number.
You acknowledge and consent to our collection of your personal data for contacting you on the purposes listed below:
- Marketing, advertising and promotional purposes related to the content of this website
- Provision of products & services which you have requested for
Please note that you are entitled to withdraw your consent for the collection of your personal data at any point in time by providing a notification to ckchoy77@gmail.com.
Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)
Tuesday 17 May 2011
Personal Market View - Low Vol Clips Market, Dump Big, Speculate Small, Invest Defensive
Labels:
Personal Market View
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment