Back to my key points as below:
1. Keep in view:
Monitor the OIL PRICE – price will stabilize at one point of time. You may see the price trading few dollars in range with no further drops and good news starts being reported. From there only starts to deploy your funds in if your bullets is not much.
2001 – Dotcom bubble – 1 by 1 Big Dot Com companies went bust.
2008 – Global Financial Crisis/Subprime crises – 1 by 1 big financial institutions went bust.
2014 – Banks are here, currencies is dropping but still okay, no big bankruptcies recorded.
Financial Report Card so far still acceptable, with the BIG BLACK SWAN not yet sighted.
bias to the oil price and the Non-Syariah Compliant issue. As I do not
I have balance 60% to average up. Perhaps to deploy another 20% again at 2.90 and to deploy
another 20% at 3.
(Refer to my first posting on SK Petro- If SK Petro is not being designated
as Non Syariah Compliant and OIL Price recovers, I can always do average up and do my ‘Portfolio
Price touches 2.23: 80% funds in and if price stabilized, I have 20% to average up.
Price touches 1.91: 100% went in with my cost dollar averaging @ 2++, I can still sleep well.
I believe the Institutional Fund Managers are more likely not able to sleep.
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