Thursday, October 23, 2014

Pick of the week is to wait


The volumes are thin. There's no clear direction. Only buy when conservative buy points are hit. And never buy in a bet-everything poise. You must have funds to average down on your favorite stock, in case you need it.

If you're positive, sell if youre comfortable with the profit. Do not be greedy especially at this time, when foreigners can easily unload and elect to position in bonds again. It will be a deep downturn if this happens, and we must have cash to buy at that point.

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