Master Rider Blog

Bottom is Near, Very Near!

October 9th, 2008 admin

Yes! I think at yesterday’s close (8 Oct 2008), regional stock markets are very near to their bottom (if not already at the bottom).

If you also share with my view, we should start to accumulate value stocks from today onwards! Please note I did not say that economy or the financial system in US, Europe are out of the wood, I merely guestimate that stock markets are very near to their bottom based on my very own analysis (both fundamental and charts, please refer to my book, “Essence of Stock Investment” if you are interested to know the analysis process). Please also note that stock markets are like the leading indicators for the economies, hence they are always 3-6 months ahead of the real economy. As I am writing this blog, I guess I am being very bold to call a bottom to the stock markets. I have yet to see any one predict this in the media.

However, as I mentioned in my last blog “Foggy Zone”, I will again advise concerned investors to look at the markets only after the anniversary of the Black Monday. For those who can take the risk, now is the time to start accumulate. However, keep a watchful eye on the Black Monday.

Should the markets continue to go lower, I feel that the downside risk is about 5% which is bearable in view of a potential rebound of at least 20%!

Again, the above is purely my own personal view and you are investing at your own risk.

Good luck!

Cheers!

Master “The Essence of Stock Investment” and ride towards the journey of your financial freedom to be the “Master of Your Own Destiny”! Welcome to visit the #1 value-added stock and option investment education website in the world, www.master-rider.com!Disclaimer: Investors are investing at your own risk. Please read full disclaimer at the end of the blog or from the main page of the website.

Entry Filed under: Singapore

Bottom is Near, Very Near!

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