Thursday, May 03, 2007

Two views of the stock market

My stock broker sent me two reports of the stock market:

1. sell in May and go away (ie the market will fall)
2. ST index will hit 3,700 in July (ie 10% higher than today)

One of them will be correct. Which one?
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3 comments:

Thomas Phua's Blog said...

Mr Tan, I feel like liquidating most of the funds I have, and wait out for the collapse, if it will ever happen.

How long more will this bullish market last because it triggers a melt down?

Many thought last year was high, but I held on to now, perhaps time to consider to liquidate some?

May 03, 2007 1:55 PM
Victor Foo said...

My humble opinion that Point 1 is more likely to occur !

U.S. stock market may begin fading next week.

My two cents worth.

May 03, 2007 3:46 PM
Anonymous said...

Does it matter if you are adopting a long term view?

On one hand, you advise people against timing the market and take a long term view, on the other hand, you tell people you selling because you think it's too high and all the stuff.

what happened to all the risk tolerence, asset allocation, dollar cost averaging mumbo jumbo? in the end, you, of all people, back out on your own advice.

you probably would not publish this, but I think your views can't be trusted because your words are not consistent with your actions.

May 05, 2007 1:16 AM

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