Ya a good shopping day. But must buy wisely & choose the correct counter. N I believe this few days may be a good buying days.

Cheers.

Tomorrow morning a good chance to buy.

I will buy!

Emm maybe we put it in this way: a middle middle case lah.

Not a Big dua Zhong one.

Start of wave C? i don't think so. People still very scared of buying. Start of wave C likely to be when everyone is super-bullish. Also, 2962 not yet reached.

But then, if start of wave C, also good, although short term many people will lose money, in the longer run, STI will super-cheong.

On the whole, does not look like start of wave C yet to me. Wave B looks like got one more leg of up after this temporary down.

boyikao3      ( Date: 28-Nov-2009 22:50) Posted: Abu Dhabi not bailing out all of Dubai's crap. So maybe blood on the streets next week ? Look at the way our MAS spokesperson explained that our banks are not in deep trouble - her words and face expression just dun match. She looked and sounded very worried ! Could this be the start of wave C? We'll see...

I agree. This time is 50/50. Too many reasons for funds to sell into the end of year - simply because that is the least resistance path to take. Too many risks and doubts at this stage, especially worsen by those arabs. If u r a find manager, would you risk losing your hard earned profits this year on the next 3-4 weeks for a santa claus rally? I would rather be worrying about where I want to go for holiday destination!

On other hand, late funds might want to make that extra figure to close a good looking book and will continue to buy in from the selldown tomorrow. But what are the probabilities ? To make not much for the year or to take the risk of losing more?  

u are another one who will not cut , but if u are down 75%..u need 300% to break even...

u see,,,if u use stop limit 10%..if stockj can go down 10%..it can go down even more...trust me..just cut.

This is a follow up ...

u said ..wow..i lost 50% how to cut??my money gone???...no...if u dont cut it will go down another 50%..

now 50% down ..u need 100% to break even...but another 50% down if dont cut....u need 300% to break even...

which is more likely to materialise.??? 100% or 300% ???

now u know why ppl alway lose money...becos they did not cut..

i cut for recent correction..i lose close to 20% of the profit i make since April..imagine i stay..i thk 80% profit gone...

if mrkt go down by 20 to 30%...u definitely got chance to buy a stock which will easily double...to enable u to break even faster..or triple which u end up profit..

so remember...use stop limit