Saturday, September 12, 2009

This market is for the patient.

Come Monday, I suspect shortist will be at full force but don't think mkt will correct heavily. We will have these series of long/short squeeze that will kill both short/long traders. In fact I think, this will persist for quite a while. The trick is buy and hold good blues. After all these squeeses, we could see some light at the end of the tunnel, hopefully some handsome year-end bonuses for those who is still alive.

Looking at chances to load KepCorp at 7.92 on Monday. This is a great opportunity to own 1 of best paying blues around.

Cheong Kings
#1 City Dev
#2 SGX (7% Dividend)
#3 KepCorp (8% Dividend)

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