Wednesday, March 2, 2011

TIMING Play An Important Role To Determine Our Profit Potential

Since my last article until now, there have been no changes that we have to accept that the Bears are controlling the share market at these moments. As we can see for the past two weeks the Malaysian share market was controlling by the Bears. The Bears were just too great and too strong for the Bulls to come out from the hiding.

From my point of view, staying out from this share market for a while will be the best strategies as there is no indication that our share market is going to get better. It might become even worst but if we take a look what is really happen around the world equities sentiment right now. With the crude Oil prices reaches $100 per barrel and the share market volumes or the transactions are getting lesser and lesser, it is not a healthy market to trade with.

Basically based on these few days transaction, a technical rebound might occur around this week or next week provided that these few days the share market still heading towards the South Pole but this time around the technical rebound won't be easy to be trade. As usual choosing a right counter will determine our profit margin.

Looks for any counters that are experiencing sharp falls since last two weeks. These counters might have the big potential to add and to bring more profit into our pockets. One thing for sure TIMING plays an important role to determine the whole market sentiments. Catching the right counter but not at the right timing will definitely trim our profit potential.

At these moments we must concentrate in monitoring the share market movement and the sentiment. Any panic selling will be treat as an opportunity to grab at the lower prices. I would assume that at these moments we are playing "Catching A Falling Knife". If we are not careful enough, we might have a big cut in our hand and it might affect our confidence as well.

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