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Healthy correction but wise to stay alert


Change of direction: A man watches trading boards at a private stock market gallery in Kuala Lumpur. Bursa Malaysia was poised to test new highs last week when markets started to turn south.

Change of direction: A man watches trading boards at a private stock market gallery in Kuala Lumpur. Bursa Malaysia was poised to test new highs last week when markets started to turn south.

THE typical stock market mantra is to buy when others are fearful of stocks and sell when most are greedy. Buy when there is a sea of red on the board of the stock exchange, an indication that the market is down.

Investors make the most money when the market is bleeding. When there is panic and investors are selling irrationally, it offers an opportunity to pick up cheap stocks.

Markets , shan , markets , dow jones

   

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