
Lausk22... :)
That's not so...
Rather, you should say I am absolutely obsessed with offering advice to those who play the market without much stock market education.
And education is not a matter of just reading a manual or course...
It consists of religiously living the teachings... and this is the secret...
Mr Mani,
You are an addict...absolutely obsessed with genie.....

If one is a loving and loyal person by nature,
One tends to treat one's stocks lovingly and with staunch loyalty...
And this is the greatest mistake to make...
One of the foundational teachings of "The Genie Tutorials" (click to see) in not losing much money and making good money in the long run is to get psychology out of the way in one's trading.
They show how to do it...
For many, buying "The Genie Tutorials" will be the single most important thing they do in 2008.
Lovingly produced by an Australian cople, this high quality10-module mentor guidance package is unlike any other I've ever seen in my many years of buying books and guides.
Since many have lost substantially in recent weeks, it's about time one take stock and listen to some loving wisdom...
Without mastering the teachings contained in this manual, one can generally assume that one will be losing a lot more money if one continues playing unguided or wrongly guided
mike8057d: Stock market is full of ppl with different playing strategy. They can be contra players, shortists, mid to long term investors all looking to buy from the stalls available for sale. Do not be too worried for contra and short cuz most are pretty short term. Learnt how the game is being played and you find your own strategy and that is good enuff.
Today My Paper publish an article on remisier Robin Ho a so called rags to riches story but basically I have some doubts. If not for his iron rice bowl as tan chia peng, you tink when he lost earlier, every month got monies to repay the bank loan and overdraft? If not his kids are grown up and his contract up soon you tink he will take the plunge to be full time trader at age 41? You tink if not for Phillips Securities guaranteed 6 figure sum basic salary he will leave Kim Eng?
A closer look would have shown while full time trader make monies, a comfortable salary to act as stone behind is still the preferred way. He is also a speaker for some company? Does he charge monies? I only can say non trading activities make more monies than trading in the LONG RUN. A few years down the road he may go kaput and My Paper will publish the failure? No! They will start interview the next Robin Ho who is successful in making millions in trading. And the story goes all over again. Always read such stories on newspaper with double dosage of salt :)

You know, there's a problem with most stocks traders. They try to bottom fish everyday, hoping to buy low and wait to sell high. You will never make $ in a bear market like this.
Worse most people average down, but the mkt go down further the next day. i used to be 1 of them but i realised the mistake. got burnt as well.
May the force be with us ......
Gold chiong? i seriously doubt so. Its not a safe haven. in recession, gold price also head south. Cash is king. Put warrants are safe bet in these times.... sure make $$$ for CNY.
Thanks elfinchilde... I got it.
yo 178investors (why this nick?), dca = dollar cost averaging. think i explained it quite in depth in one of my previous posts, but can't rem which thread. sorry, blur elf. but basically, you go in a portion at a time, and average it out. mostly, i'd prefer to average up (same like livermore), but sometimes if one gets caught and not worthwhile to cut loss, may be better to average down. tricky thing tho, since some stocks don't come back up.
mike, if you're into fengshui (yeayea, i'm a pantang kantang haha): it's not just the year of the rat, it's the year of the earth rat. ie, like the 36th hexagram of the I Ching, Ming Yi: things of value go into hiding. so what hides in earth and what is basic is what will survive.
mostly i think of gold.

not an inducement to buy/sell.
elfinchilde... may i ask what's DCA?
I thought year 2008 is the year of the Rat, where got bear?

geez. may be good to NOT be alarmist. it only affects rationality.
ups and downs are a natural part of the market. 'hell breaking loose'? If it's a sharp dip, then the tech rebound will likely be as sharp. One can scalp it either way.
Realistically, what traders fear is a long, slow decline. Bears do not get 'unleashed' in just a single day. It's momentum over the days, and months. The news swirl about way before then. This downtrend was more or less clear from start of jan already. definitive last week when a lot of the blues broke below the lower low formation.
If you're out, stay out: don't go catching a falling knife now. If you're caught, don't panic. Wait for low and DCA it out. Stay calm. Markets are not for the faint of heart. Relax.
cheers!