Risk-off Period (Mid-week Thoughts)

So it seems things are just becoming worst. US dollars continue strengthening, leaving Silver and Gold lagging behind the race. If you are smart, you'd start buying some shiny commodity now perhaps letting up to 10% or 20% of your portfolio be holdings in Gold and Silver. Fundamentally speaking, if Greece does leave EU, the commodity prices should once again spike as more money seek a tangible and safe investment. The US dollar is a not a safe haven. .

One thing should not come as a surprise is Gamuda is down. Recently update announcements show a lot of buying by funds. Infact, today's selling is very light volume. Perhaps done to get panic sellers to dump. Gamuda-WD should be worthwhile to own right now. Again, stay alert to see if Gamuda is still falling. As of now, I think it has hit a support line.

Nevertheless, Gamuda-CS still has a healthy buying appetite at 2 sen.

Another stock to watch out for would be MMC. It has went down, but closed just a mere 3 sen down. Upcoming Gas Malaysia listing should benefit it. MMC, you can either punt the warrants or buy the shares. Most are putting target price at $3.50. Before making your bets, please remember now is risk-off period. Don't bet the boat.

Talking about betting the boat, RA followers, RA's at 8 sen now. Good time to load up and average down. With the telco business booming, there's no indication that results this quarter can be that bad. If it turns out lower than expected, I would continue my buying at a lower price if it drops. If it turns up good, we might see the price once again trading at at least $0.12 to $0.15 range. Though I'm expecting with more news, we can easily see $1.00 soon enough.