Its obvious that summer holiday is coming soon in United States. I just google around and found out that their summer holiday start 22 June. So what so important about that? Refresh back with the news on FED on QE. Since news about tapering QE probably starting from this Summer announced, stock around the world start to decrease in fast pace.
Although today we saw various market start to rebound but how long can this last? Thinking again and again, I plan to lock in my profit so I sold some in my portfolio namely CBIP, Prestariang and Cscstel. I just don't feel safe without cash on my hand since there may be bigger opportunity soon. The stocks I sold may rebound and increase in future but I think securing my capital is more important since I need more cash to wait for cheap sale.
Now its only left Panamy and Supermax in my account. The reason of not selling this two counters is because Panamy going to have Rm1.72 dividend in September so I think will have some support while Supermax is already suffering paper loss. The last experience of selling a loss counter make me very regret and ever since, I don't like to sell losing counter. I will keep Supermax to remind myself of important to look on various perspectives before buying stock again.
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