At 1500 level and facing a slow down in 2012. Our strategy will be simple as to wait for more signals. We will re-invest dividend from our portfolio. However, increasing our cash position and we will wait for signals before we enter more. We summarize our strategy as below for Q1, 2012.
1. Sell any high PE stocks during pre-chinese new year rally, pos-chinese and pre-election. (if any)
2. Re-invest dividend from stocks back to top picks and REITs – 30-70 ratio
3. Increase cash position and wait for signals or opportunities.
4. Q1 2012 result is important signal for us to decide whether to buy, hold or short.
5. Speculative play continue only on Bingo and Teledata SG