Thursday, January 04, 2007

Signs are Everywhere: Mini Prediction for 2007


Every year I do some predictions for the year. I've done this for the past several years. I do it simply by means of observing trends. My sole objective of doing predictions is to encourage people to see the bigger picture.

As I had mentioned some times before, 2007 is my last year of publicly presenting my prediction. I am lucky as my guesses are quite accurate in the past years. When it becomes too accurate, I really afraid that someone will rely on my predictions. That's not my intention. I think that I had already achieved my objective of encouraging people to see bigger and farther. So, 2007 should be a good ending.

My 2007 Prediction Seminar is scheduled on March 6 2007 (7:30pm-9:30pm). This is an internal event. Only participants of my past programs and their friends are invited. You can email me at to book your seat now. In your email, please mention "2007 Prediction" and the number of seats you need.

In my 2006 Prediction, I mentioned the Hang Seng Index will rise until the end of the year. In December, many people asked me how far it will go. My answer was it would at least hit 20,000. Now, it had already hit 20,000. How far will it go?

I can only guess according to my observation. In December, most of the people said that we should be very cautious when investing in the stock market. When everyone was cautious, it could be quite safe.

But when the HS Index hit 20,000 at the end of last year, people becomes more and more aggressive. Some even predict it will go up to 21,000 or higher. Then, we must be really cautious now.

If you want to play safe, it is now the right time to sell all your stock. The market might still go up, but as everyone can tell you that no one can accurately estimate the peak.

I will wait for another 3 to 4 more weeks till the end of January. But I will be very careful to observe closely. When there are more positive predictions about the market, I will withdraw from it. People listen to predictions, particularly those by the professionals. They will become more and more aggressive and the market becomes more and more dangerous.

As I always tell my friends: Don't be too serious about my predictions. They are all from my personal observations. I can be very wrong. Don't trust me, trust yourself.

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