Following my post on a similar title, my speculation still would hold true. The speculation is that financial markets had risen a fair amount for the past week or so. And that some countries are having extended holidays in addition to public holidays.
As you probably know, the important US nonfarm payroll is due this evening and global markets indices are wary of this important data.
However, KLSE and BSESN had emerged from their extended holidays and outperform the Asia Pacific region today.
If you had not been able to guess which country is having a golden week, it is Indonesia. It is also the best performing index prior to the recent volatility. On top of that you may research the potential viability of this sector.
If you still have the connection and chance, based on the above speculation it may not be too late to jump in. Good luck!
Correct me if I am wrong, if you had been following this blog all the way (or since early May), you should not have suffered any dent to your investment portfolio. If you had followed my call for a buy with DCA in mind you would have made a (net) net of 4% or more instead of (still) recovering from the bloody assault.
As this post may be broadcast/delayed/posted at a later time because it has to go for moderation, you have my permission to broadcast, email, and twitter, facebook to any or all of your friends to assist them to potentially enhance their portfolio. You may enlighten but do NOT advise unless you have a license to do so. Let them speak to their financial advisor.
The only blog that had made brave speculation of
a market meltdown since May 2011
And a Buy call in mid August 2011!
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