Even though our forecast that oil and RM will recover in 3 to 6 months. Oil dropped below USD 40 and may try support of USD 35 sparked more energy sell-off.
We will do nothing unless we see any bargain value in oil related stocks or our top picks.
Last week we have bought Gold and ALSREIT as part of our enhancement in our asset oriented portfolio.
Year-end December rally suppose to be in town. Oil crisis continue to drag down the tradition. Possibly January will be a better bet for a good month ahead.