Monday, November 5, 2007
Buy or Sell?
Nov. 5 (Bloomberg)
Asian stocks fell after Citigroup Inc. said it will increase writedowns by as much as $11 billion and Chinese Premier Wen Jiabao signaled plans to allow citizens to invest in Hong Kong shares are on hold.
SGX
3,647.87
-45.14
-1.21%
KLSE
1,382.36
-13.92
-1.00%
HSI
28,942.32
-1,526.02
-5.01%
Today the stock market down even Dow Jones (NYSE) up 27.23 or 0.2% last Friday.
Isn't another chance to buy in?
Problem:
- Sub-Prime
- Oil Prices hits new high $95 a Barrel
- China & HK Hang Seng stock market too "hot"
- USD hits record low
Comment:
My answer: YES!
For me, any time is a "buy in" chance b'coz I'm a long term investor.
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