What will happen after Alibaba IPO ?

My previous post on 28 August

Markets were disconnected from reality. What will happen next to Singapore and Asia market ?

I expected my concern. In the past days, markets begin to realize situation. Correction could be continued. It is too early to buy now. More important Alibaba may be listed in 19 Sept. Market could drive down further afterward. 

I am taking defensive position by holding bond and cash.    

Right Issue - OCBC

OCBC share price is strong during right issue. They are well supported by share holders. And it does not fall into my target price.

I will wait

Buy OCBC target $9.3 before 9 Sept 2014

In my opinion. OCBC may drop below S$9.3 before 9 Sept 2014.  I should consider to buy in.

Please allow me to share with you my reason next week