Buy? Sell? Hold?

Malaysian market is really defensive and strong these few days... Despite US down, the market still ok... Technically, the third wave is coming... The only question a trader might consider is... is this a small wave or a tsunami? How long? How fast?

Well, that is really a very difficult question to answer. For the time being, the only thing that we can do now, is be alert, speculate with care, with due diligence and behave ethically. We can only read the market, never to predict the market. As in these volatile period, any thought planted in your head will be a deadly weapon if the market goes against you.

Secondly, to be safe and play safe, i suggest do not put all your capital into the market... Anything can happen. The only time for us, as a gambler, to show hand, is to buy at deep discount. Else, no talk.

The Iran issue began to become critical... 2 missiles to Iran can cause the oil price to double to 120 (currently is 64). That, even no matter you are Tun, Dr, Mr M, Ah-Boo-lah Tan Sri, Datuk, King, or King Kong, will not be spared. No mercy... and see you below 1100.

Should anything bad happen, your reserve capital is the ultimate weapon that could ensure you to retire young and retire rich. Forget about Rich Mum Poor Mum, MBA, CFA, CMT or whatever heck it is...

Always leave a last bullet in your pocket... it is either for yourself or the enemy.