
smartrader, after reading your post, it gave me a different perspective on the US crisis and the actions taken by the US administration to date.
went on to read these 2 links:
http://www.nexusmagazine.com/index.php?option=com_docman&task=doc_view&gid=6
http://www.globalresearch.ca/index.php?context=viewArticle&code=NAZ20061017&articleId=3516
smartrader ( Date: 22-Mar-2009 20:38) Posted: |
Loses are for those greedy, hold on tight and see it rises but wait for even higher px...that is when u are caught..
Me, take profit and let it run, on reversal 8%..i take profit...game over...and lookout for next wave..like that u will lose less..protect your profit...
this is a trading market...buffetology can not longer work for now, at least for now..the longer u hold the more u lose...that is one of my regret, hear analyst said hold, hold and hold..and truthly and really, some stock go so low that i become long term invester like Warren...but that are blues which unlikely to go under, but i be selling them in this sucker rally...i believe i can buy more cheaper when we see a new low...how low....dow 2500...
But on the contrary, i have bought some wonderful gold and silver stock, these return more than cover my losses here..unless gold bull burst now...very very unlikely..you should buy some...want some recommendation...
I am a suscriber of a good gold and silver stock newsletter...i can give u free stock tips???
Hulumas ( Date: 22-Mar-2009 19:51) Posted:
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cheongwee ( Date: 22-Mar-2009 19:02) Posted:
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Listen here, Sometimes into the future......
AIG will still be AIG
Citi will still be Citi...
And the like will still be like use to be..
But many will be gone...
But AIG and Citi..will definitely be there for us to collect big big return.......DYODD..so small so u cannot see...so u can blame me for this call
Wah...from 95c u hold still 33c..didnt cut loss..now 1.26..and it is coming down..
My suggestion..profit is profit..dont wait till it is gone..
My way is 100% take profit then leave the casino(profit ) to run,,but anytime now i will take and run when this sucker rally run out..
Next i will go long on them...i beleive and stick to my gun that a new low we will see...
To be honest, i am lousy in trading..so i live by this method..i can sleep better...
My suggestion...DYODD
1234567 ( Date: 22-Mar-2009 00:02) Posted:
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jackjames ( Date: 19-Mar-2009 21:52) Posted:
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THREE of the world's biggest banks on Thursday embarked on fresh steps to boost their balance sheets, as governments moved to crack down on excesses that may have fuelled the global credit crisis.
The moves by HSBC Holdings plc, Citigroup Inc and UBS AG are the latest corporate efforts to repair or regain their financial health, allowing them to lend more as central banks move aggressively to pump liquidity into the financial system.
HSBC won approval for a record £12.9 billion (S$28 billion) rights issue to withstand market turmoil. 'We are determined HSBC should maintain its signature financial strength,' chairman Stephen Green said before shareholders overwhelmingly approved the issue.
Citigroup began an offer to swap billions of dollars of preferred shares into common stock, an exchange that could leave the US government with a 36 per cent ownership stake.
The bank also said that it might conduct a reverse stock split, bolstering its share price while reducing shares outstanding. Such a move could boost demand by boosting the share price high enough to allow institutional investors to buy more. Citigroup stock fell 15.6 per cent to US$2.60.
(London)
freeme ( Date: 19-Mar-2009 21:26) Posted:
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I think everybody goes mad now, ha ha... AIG AIG...
I never see one stock can fly 500% gain in just less than 7 trading days.... from $0.33 to highest today $2.. that is exactly 506% gain in just 6 trading days !!!!!!!! How good can it be?
freeme ( Date: 19-Mar-2009 21:26) Posted:
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maxcty ( Date: 19-Mar-2009 21:15) Posted:
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freeme ( Date: 19-Mar-2009 21:02) Posted:
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maxcty ( Date: 19-Mar-2009 20:37) Posted:
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