What is happening in the market next - How will I know?
Read the post here and here on my previous view of my strategy.
STI has failed to break the 2500 points on Friday and instead rises 44.39 points to 2577.09 points.
Some said this is due to the announcement of QE by China and Europe. Others said that it is because the market is oversold. There are also people saying QE is poison and that the economy is still in dire state.
One of my friend even stated - "Do you know that Hang Seng Index is trading below its Net Asset Value?" (Read here) Then again, isn't Asset Value self-determined too?
It is so confusing.
So I have decided - Why bother thinking what the market is thinking? Lets not waste our brain cells.
I will just look for stocks that pass Triple ......