
Agreed sensing there will be stock market turmoil, close your eyes Sell First and Buy Later is a good strategy as well. I did that many times already. Really investment in stock market is quite cruel one. Cheers.
cyjjerry85
Master |
Posted: 17-Mar-2008 11:38 |
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yep i agree with Fairygal...in fact, not losing in the stocks market is already considered a winning in disguise! |
Many market veterans will immediately agree with that. This is because most people who play the stock market lose money.
Some may win good money in the beginning, but always lose back much much more, usually as they become more confident and 'expert' and invincible in their trading 'skills'. Usually, it is their character that causes the losses.
Thus, to be a winning trader/investor, it is of utmost importance to cultivate oneself first.
Then only will the money come in gradually, but not before...

Knowing force selling and Margin call, to make money in this type of situation is to sell first.....buy later.....
SAD ! ! !
yep i agree with Fairygal...in fact, not losing in the stocks market is already considered a winning in disguise!
I think some of them already know what is coming. Since we know nothing, we better be more cautious, and not too greedy.
the next support we will be looking is 2500 for STI...i think by that time, it may be good for fishing...well..tt's just a thought...as i saw brokerage houses and economists and even Jim Rogers also quoted 2500 level as a possible bottom
So far, nothing can stop the bear charging forward, those angmo can say bottom fishing...!!! wondering are they fishing now or shot and ave off lower, then sell to meet their target.
STI will rebound in the afternoon. Hope so.
Ya..Yeh...yeh....yen, margin calling. That where Bears Stbearns kena. lost 3.5 bil over night.
With future down so much, Hongkong crashed down 1000+ pt and Nikkie Crashed down 500+ pt now...... This week more force selling, margin call will drag the STI below 2500 pts.... No FFM suport, short down is another way to make money or recover what we lost..... Sell ...... selll .....sell .....everywhere....