Sunday, January 23, 2011

CLSA 2011 Fengshui predictions

The CLSA fengshui guide was pretty accurate in predicting the market directions in 2010, so I read with greater interest its fengshui guide for 2011. In the Year of the Metal Rabbit, it is predicting another up year for stocks. Sectors which will do great are financials (except for a big correction in June-July), gaming, gold, resources (particularly coal) and transport (BDI to rise substantially in Sep). Avoid property, according to the fengshui guide.

What are the luckiest (sell stocks?) and unluckiest months (buy stocks)?

Feb: Bumpy(Buy?)
Apr: Great(Sell?)
Jun: Bumpy (Buy?)
Jul/ Aug: Great (Sell?)
Sep: Bumpy (Buy?)
Oct/ Nov: Great (Sell?)
Dec: Bumpy (Buy?)
Jan: Great (Sell?)

So, if this guide is to be believed, 2011 will be very volatile, with upside bias. That means I will have to hop in and out four times to maximise my "hopportunities".

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