The market is killing traders by doing a slow mo gyration but its good to be position light during these festive period where most of the traders would rather be enjoying than speculating.
Recently have been doing alot of analyzing on some stocks that you can hold for longer term and not meant to be trading vehicles. Stocks that are rather recession proof and what comes to mind was the 3 telecoms stocks in Singapore.
They have been laggards during this rally and its not something that you would be proud to boast about during this rally. Perhaps during this 2 weeks i can write something about them. Definitely felt stupid not to use them rather than some other higher beta and thus higher risk dividend stocks.
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