GIC hsg had a rally from around 170 to 210 and then a quick drawdown to 170 again… These are the kind of volatile moves we have to learn to bear in the current markets, where volatility is high. A lot of patterns do play out and targets are achieved, but in between there are a lot of unexpected volatile moves… So for someone like me, who had initial targets of 270 plus (as mentioned in initial post) sitting tight is the way to go.
If someone is nimble enough, then there can be a case for trading in and out with a small portion of holding to bring the buying costs down. Sometimes I do that, but not too frequently.
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