Wednesday, April 13, 2011

Officially ...

This might mean something or may not mean anything at all ... but I am happily having zero equity investments as I write this.

9 comments:

Andy said...

no wonder the mkt fell this few days... haha...

clk said...

Go Gold or Silver? Paper or physical?

Loo said...

Just to calm things a bit, the Flying Star chart for April is much much better than March where the deadly five yellow brought misfortunes to the East (note the earthquake in Japan...and Japan is in the East!). Looks like this month will not see any unexpected turn of events. The next critical month is December this year. That's a bit of feng shui for info!

Ivan said...

Perhaps you can hedge your portfolio with sell index CI?

Any idea to share this?

Ivan said...

Instead of holding 0% equities, why don't just hedge the portfolio with short index?

Hope to get your view on this hedging.

Ashton Tan said...

i also sell all expect bjtoto, maybe will sell of my friday, a lot of news for BM on sarawak election, malaysiakini also down or block, something is happening

Salvatore_Dali said...

ivan,

futures are a bet on the trend and overall direction of the market ... if i hedge it means i still like the stock but not the trend of the overall mkt ...

why split hairs ... malaysia mkt is not sophisticated enuff to differentiate btw really good stocks and not so good ones, if sentiment turns, everything also kena ... yes if u hold btoto or public bank, then no need to sell la

our mkt is too sentiment driven

i wanted zero exposure to have peace of mind, not to make money n fill my mind with smthg else, like shorting

Ivan said...

Thx for sharing, Dali.

Perhaps fund manager shall hedge their equities portfolio despite the moving election now. They are restrict under SC rulling - must hold some certain of % in equities no matter how share mkt move.

So mind I conclude, individual hedging are not make sense & costly ?

tanhc said...

Granted that when the market falls,every stock tends to be dragged down, especially when sentiments are very weak and the mob mentality is at its highest ebb. However, if you work bottoms up, individual stock may have a mind of its own as to which way to move.
This is when we need the likes of Dali to help us in identifying the diamonds from the stones.