Wednesday, June 17, 2009

Singapore Entrepreneur - Start of Correction?

With the recent correction of the stock market brings about many speculations if we are finally bursting the bubble of the bear rally. Some analysts are commenting that this is a healthy correction in view that many counters have ramped over value since the May rally. This may bring an awakening call to some pundits who have been wanting to make a killing in the stock market. June's performance should see a flater curve as most investors have already fully valued the market since May. The momentum of the rally is unlikely to last as there is no new data to support any recovery of the world economy. On the other hand, it does not mean you can't dip your hands into the market during this period. For me, the last stock market crash in Oct 2008 had in fact brought me a small fortune from a simple and effective method of buying. Ever since then, I have adopted this strategy for as long as the economy is still seeing no sign of turnaround.

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