Monday, September 10, 2007
High volaitility ahead
The Straits Times index had rebounded past recent high of 3442 to close at 3466 on 5th Sep. However, I caution Investors to take a conservative approach in the coming week as Dow Jones dive 231.76 points. I expect higher volatility in the coming week and patiently wait for any buying opportunity. Investors can look into high yield stocks and move some of thier money to safer investment option ahead of the 18 sept FOMC meeting.