Shares & Derivatives
A review of entry levels for the ten stocks in my “stock pick” list…….as this correction continues
By Kevin Scully-Financial Blog  •  June 17, 2009
The key to averaging down is to be patient.  Yesterday, someone asked if they should average down today.  I said that it would take at least three days in a meaningful correction for the market to find a bottom so probably into the latter part of this week would be a good time to start doing some bargain hunting.  I have put up the following charts to provide some guidance on what technical levels investors can look at to start accumulating my "stock picks". BH Global Marine - support at S$0.20 Read more...
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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