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Cory Diary : Market Fear
By CoryLogics  •  May 13, 2022
Market Opportunity Timing Nasdaq has crashed about 25% from ATH. STI has corrected about 8.5% roughly from recent high. Many growth stocks already hit Pre-Covid level bursting the bubbles created from WFH atmosphere. No doubt Market is in Fear. As usual when market is in blood bath there is opportunity to be made. The problem is will it go lower. If we are to measure against Mar 2020 crash, we still have 1000 point to go for STI Index ! Something to think about with current high inflation. No model answer here. Funding The recent crash comes at a time after my fear of volatility with growth stocks, my path into multiplier and SSB hitting 2.5% for new issue. In a way, incidentally build up a reserve to tap. Coincidentally with high SSB rate, refunded back some issues for higher rate plan and a Bond matured this month. However, I still prefer to retain most of...
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By CoryLogics
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