Saturday, 28 July 2007

Finally it comes

This week, US market had the biggest drop of the year. It causes sell off in all the regional market. The long awaiting correction has come. STI is down by quite a big percentage. I hope it won't snowball to a big market slump.
Looking at the intensity of fall, market could remain volatile in the coming months. Stick to fundamental valuation, we should be able to ride out this volatile period. Invest in company which is solid, has a bright prospect and by not over paying, when the correction is over, it should come back.
Eyeing the following stocks to be added into my portfolio:

BH Global
Swiber
FJ Benjamin
Guangzhao IFB
Sino Env

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