2006 was a good year for investors in low liners in the KLSE. Friends and kin who followed my tip from the Yi to buy plenty of GT shares near its lowest price probably made between a five to sevenfold profit that year. They could have made more if they had listened and bought back the shares when its price tumbled by half before the counter went back up once again.
2007 was more difficult for small investors to make money, easier for the funds because index linked stocks flew. The greedy would have lost a fortune early that year brought about by the Chinese stock market plunge in late February and early March. By the second week of April, the GT shares have gone up twenty fold from its lowest price ever. The price more than doubled from what I had bought back in late March. Did I make the twenty fold profits? Yes, but not all my money was riding on it, this time round.
Of course it would be difficult for me to find a good and sound stock in 2008 to buy since I do not look for thirty to fifty percent gains in a stock investment. KLSE investors can achieved those 30 to 50 percentage gains easily in 2006, 2007 and probably in 2008. Yes, you read it correctly, even in 2008 despite the huge early setback for many investors. Why?
At this time, there are no buyers in the stock market as indicated by a stock analyst in a recent newspaper article. The daily values traded, if you have noticed, have at times dwindled to twenty percent of 2007 top daily trades. (Remember my suggestions in the entry to ‘Follow the money’?)
When there are no buyers for stocks, what does it mean? It means that stocks are at their lowest. Refer to my entry on the strategies of the father of modern management during ancient times indicated by Sima Qian, if interested.
Half of my investments bought back recently at their lows had already rebounded more than fifty percent while some investors hummed and hawed, predicting impending crises in popular chat boxes, trying to be ShenXian (Daoist deities and immortals).
When these ‘ShenXian’ and their followers realized that the market has flown and left them behind, they will panic buy at much higher prices in order to save face and to brag about their relative small gains at a later date.
Last year, a Quanzhen heavenly immortal had indirectly confirmed my Yi chart for 2007. This year, Quanzhen heavenly immortals have indirectly confirmed my Yi prognostications for investments in the KLSE. Read together with my interpretation of the annual hexagram for 2008, I look forward to an eight to ten fold gain in some of my investments.
My annual hexagram alone provided the reason why in an earlier entry on investments, I had indicated that 2008 could be a better year than 2007 and even 2006 – where a sevenfold gain was made.
Since I cannot lead this year, kin and close friends can keep a look out for my name in the top thirty shareholders list of public quoted companies in the KLSE. It could be the ones that will provide a tenfold gain in 2008.
Who knows? I am not telling, neither would the Yi and the Quanzhen heavenly immortals.