Potentially we will see a pull back in August and correction in September as market valuation has been over extended. If market corrects by 10%, I will add position especially on semiconductors/ technology sectors. I can tolerate a 10-20% drawdown in the next month and buy the dip as market still in long term uptrend. Of course, it would be always wiser to lock in some profits and wait for next buying opportunity.
@Jinleong @Pang Kiat , what's your thoughts?
SeptemBEAR is here: Are Your Portfolio Ready for Volatility?
In September, the VIX may fly as we may see September Effect hit again.
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1. Is the market in danger with September effect approaching?
2. What's your strategy to cope with risks?
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