Thursday 29 November 2012

Dividend Chaser regrets early selling

Sembmarine and Singtel continues its uptrend today with a slower pace. They are hitting their resistance points, Sembmarine at 4.70 and Singtel at 3.28.

I almost wanted to buy their shares again on impulse but I told myself whatever comes up will go down, whatever goes up will come down. I might miss this uptrend by selling too early before profit-taking but there will be chances in year 2013. If USA can't resolve the fiscal cliff, stock market will definitely go on a downtrend again. The bear is still lurking and there are no clear signs of the bull yet.

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