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Sunday, August 31, 2008

Where is Property Market Heading?

My first stock trading course was taught by an experienced full-time trader in late 2005. He expected the bull run for property stocks to start soon. He also said normally property stocks bull run starts before property prices rise. The same applies when property stocks crash, property prices will follow.

I understand Property Market has a 10-year cycle. 5 days ago, Merrill Lynch issued a gloomy report on property stocks and property market. It said property market lags property stock prices by 12 months.

So you can guess where property stocks and property market will be heading lor!

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