Multi-Millionaire Oei Hong Leong: Get Out When The Market Rallies!!
Mr Oei Hong Leong, the 29th richest man in Singapore who has the nickname “Golden Finger”, advised retail invetors to GET OUT OF THE STOCK MARKET WHEN IT REBOUNDS!! He felt that the US$700 billion package to bail out banks by buying their toxic mortgage-based debt is “FAR FROM ENOUGH” to restore stability in the financial markets. If u think that the market has bottomed, please thinking seriously again!! THE CAPITULATION IS NOT HERE YET! According to Mr Oei, we are now having the mortgage crisis, next to follow will be the credit card crisis. Trouble have spread from U.S. to Europe, slowly coming to Asia, ultimately will be hitting Singapore. I want to stress again: buying share now does not stack the odds of winning in our favor, we should be doing SHORT-SELLING through the legitimate way of using CFD (Contract For Differences).
Cheers 
Source: Straits Times
Disclaimer: Please be informed that the above mentioned stocks/indexes/investment instruments are solely for the purpose of education; it is NOT a recommendation or an invitation to trade/invest. For trading/investment advice, please speak to your remisier, dealer representative or financial adviser. Please understand that there is risk in every trade/investment venture, know your risk first before you venture into any of them.
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