The Straits Times Index has been green for 8 consecutive working days and finally came flat on last Friday, 2nd December. Most share prices are getting "expensive" again and probably pricing in more effects of OPEC’s oil production cut and the much anticipated Fed's rate hike. Personally, I feel it is more of a hold or sell period now unless value is found.
As reference to Benjamin Graham’s The Intelligent Investor, Mr. Market is always there to make business with us. He visits us on different days, influencing and offering us a price to buy or sell. That price may be too high or too low but Mr. Market does not care. As long as you are willing to make the trade, he is willing to take your offer. This was found in Chapter 8 of The Intelligent Investor, which Warren Buffett had commented that it would probably be the ......