As I mentioned in Q1-2009, there would be another round of correction in World Indexes due to unhealthy upside for the past 6-months. But this time the downside will be far better off than Q4-2008. So you may want to treat this as "Opportunity Time" since the long-term trend would still be upside.
What would we see in Q2-Q3 2009?
1. Oil < USD60
2. DJ < 7,500
3. HSI < 16,500
4. Gold < USD850
5. SGX < 2,000
Above are my rough-estimations only, of course the actual figures will vary. Hopefully my forecast is as accurate as possible in order to ensure my judgment in Investment is correct.
Tuesday, June 23, 2009
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