One of the key stock for bull market ahead...
Well, from now onward, I believe the stock market will continue to rise and chart new highs at least for the next 18 months... yes, that's 1.5 years at the very least.
Apart from waiting patiently for stock prices to appreciates sector by sector, we need to be aware that the most basic indicator of a bull run is the increasing trading volume and stock broking firms most certainly stand to benefit from the swelling in trading volume...
While OSK is pretty much in the limelight for the "rumour" of Maybank take over, TA is still pretty much below its peers....
with 78 sen as of the point of writing, it obvious the stock is attractive for short term traders to load up in preparation of the impending bull run... bear in mind that Dec holiday season is coming and there will be many more good news to come for the equity market as we end the year 2010 and transition into the year of rabbit. As different it will be the bull run in 2011 will likely consists of small rallies throughout the year....
There are many more good stocks that we can talk about but for a start, I view TA as a must have due to its cheap price and prospect in the short run of 6 months.... a pull back lately may be a good opportunity for buying... TP RM1.15.
1 comment:
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Mutual Funds
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