Is this the epilogue of the coming storm ? Frankly, with over 50% cash in hand I don't give a damn about it. If it tanks, I am happy. If it goes up further I am also happy. Being in the market since 1998, I have never been so comfortable with my current position. Bear in mind the market won;'t goes up forever likewise the market won't tanks to zero. Preparing ourselves could be the best strategy at this point of time. unless you have a ball as big as a cow, be 100% in stocks carry huge risk. When the election is called and the " feel good " sensation fades, some one is going to feel the pain of catching the falling knife.
I have been talking to 2nd brother the other day. I told him that if you are making less than 10% or worse losing your capital for the past 2 years, stock market is not the place for you. You could blame it as bad luck or whatever it is. The bottom line is you are loosing money in a bull market. Something must have gone wrong instead of bad luck. There is something one needs to look into.
I have a friend told me he " cham lan dou " of knowing me for he is making quite handsomely these 2 years. I told him to study the counters I mention further before making a decision. He said " Friend, I have no idea about anything at all, you are much better in it than me. You are betting on that counter much more than me, if I loose $$$, it is fate lah " .... I was like haiizzzz.... It is not an good idea to blindly follow. Everyone makes bad bet in the market. I made bet bet in JCY, EAH, CHAODA, and etc .... I hope he reads this and be a bit vigilant and not over confidence in this bull run. Happy Trading.