Monday, May 22, 2006
Evaluation
I took a sick leave at home today. After taken the medicine, I have a lot of time staying in my bed to think, evaluate and plan.
In the past weeks, 2 of the selling instructions I made were messed up. Citi rectified their error but CS failed to execute my order and put that as their system 'bug'. I think I should change the investment company. The short term cost for changing company should be better than unpredictable lost from poor admin work.
After the slump, I lost less than 5% of my portfoilo and have more than 60% of cash in hand for buying cheap stuff. The situation is not bad.
During the last two weeks the market has experienced a correction, and now it is due a bounce out of a short-term oversold condition. Catch it? Or, wait and see.
The commodity markets have to be closely watched in the coming weeks. And, emerging markets have been tied closely to the commodity markets and global economic growth. If the global economy is really slowing and commodity prices would continue to decline, emerging markets will continue to fall rapidly in the weeks ahead. Let's check if there will be support.
In the past weeks, 2 of the selling instructions I made were messed up. Citi rectified their error but CS failed to execute my order and put that as their system 'bug'. I think I should change the investment company. The short term cost for changing company should be better than unpredictable lost from poor admin work.
After the slump, I lost less than 5% of my portfoilo and have more than 60% of cash in hand for buying cheap stuff. The situation is not bad.
During the last two weeks the market has experienced a correction, and now it is due a bounce out of a short-term oversold condition. Catch it? Or, wait and see.
The commodity markets have to be closely watched in the coming weeks. And, emerging markets have been tied closely to the commodity markets and global economic growth. If the global economy is really slowing and commodity prices would continue to decline, emerging markets will continue to fall rapidly in the weeks ahead. Let's check if there will be support.
# posted by Lobo @ 5:19 PM 
