Wednesday, July 29, 2009

Stock Market == Property Market?

The moment any dip, people just thong in and buy. This is typical Singaporean Attitude and Kiasutism.

RATHER BUY WRONG THAN NEVER BUY

This is exactly what had happened in the property market.

"70% sold in preview day 1"

Sounds familiar?

So to exploilt this weakness, I bought some equities although it is risky now.

Position

Parkway cut 2.00
RafflesMG cut 1.13
RafflesEdu cut 0.62
STEng cut 2.59

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