Finally, the festive period for the Asia region is over! This entails reviving interests in trading but retail investors might still be staying on the sidelines. In the short term, it is expected that major stock indices would still be hovering at current levels at +- 20%. An example would be the STI which I predict would hover between 2800 to 3200 at least for the next 3 months.
Performance of my portfolio is not doing great owing to the global downturn and sentiments are still shaky although I had been doing monthly injections on funds like BRIC, Chinese and Korea as they are still projected to have reasonable growth this year. My strategy is still on doing dollar cost averaging for at least the next year.
Lastly, happy chinese new year to all the readers!
