Our suggestions and tips: (from Daniel Loh)
1) STI is poised for a short term rebound.
1) STI is poised for a short term rebound.
Look and accumulate at those oversold STI component stocks.
2) When u buy, do not park all your money inside, accumulate the stocks up.
Divide it into a few portions.
Be prepared to buy again when your stocks fall by 25%.
This will take into consideration when market turns down again.
3) Do not focus on those mid cap and penny stocks that did not drop much.
4) Focus your eyes on US market and the VIX to know the sentiment of the market.
Any weakness can still bring Asia down.
We would of course update.
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