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Random thoughts: To sell into strength?
By Sillyinvestor  •  April 1, 2021
Coincidentally, today I received a message from a friend and a broker. My broker advise me to take profit as STI has hit 3200, but I didn't like the fear tactics deployed comparing to Lehman moment, which I think is pure bullshit. My friend ask me why STI hit 3200, when the economy has not recovered. I did took a hard look at all my counters and I DO Wish to take some profits off the table, yet, when I examine the results to buy, they are still intact, even using a generic reason of rebalancing didn't really make sense, as counters that run the most doesn't really take up a big chunk of my portfolio. Yup, my bigger bets didn't do as well as my smaller bets. I do want to keep a sizable portfolio vested as I believed my entry price is of value. I am quite sure the market is due for a breather, I am not too sure...
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By Sillyinvestor
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