
i think just hold....and go hibernate...
You are rite..lah. no one knows what is the future now..
iPunter ( Date: 11-Aug-2011 09:48) Posted:
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If you play averaging, and if the the market is still
    trending down, you will be snowballing your losses.
          And that may make it  be many times worse than now.
                This is why we must never create more risks than the
                        original risk by the act of averaging down...
                              It is important to be defensive...

bluesky88 ( Date: 11-Aug-2011 09:17) Posted:
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If it breaks the stop loss protection , then cut loss .
bluesky88 ( Date: 11-Aug-2011 09:11) Posted:
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Hi expert, what is the resistance & support of this counter at the moment?Thanks
Hi Sifu Ipunter, I don't mean to keep for long, jus  to average out & sell to minimise the losses. But don't know when than will recover..tis is the risk tat I hv to take..I think..
 
iPunter ( Date: 11-Aug-2011 09:13) Posted:
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i bought at 1.47. i feel ur pain man.  I think can average down or just hold but need to wait quite long maybe months or a year until maybe QE3 is executed. Short term rebound no kick already lose too much.
What's the point of 'buying to keep'...     
bluesky88 ( Date: 11-Aug-2011 09:11) Posted:
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sifu, Bintang, is it going to be free fall?
I bought at 1.495, it is painful losses, but tot of buying more to keep..If I sell now, I think the realization lost will be much painful.
so have u sold?
how much is yr realized loss for this trade?
win_88 ( Date: 08-Aug-2011 16:01) Posted:
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if 1.15 breaks, wats the next support
Bintang ( Date: 10-Aug-2011 16:47) Posted:
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Thanks
Bintang ( Date: 10-Aug-2011 16:47) Posted:
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Support is at $1.15 .
Sgshares ( Date: 10-Aug-2011 15:55) Posted:
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Can buy now ?
This stock was once a favourite among the rich (those who own factories, etc). It has since dropped from the closing high of 2.35 in April to almost 50% drop in price in Aug.
what is the resistance and support level of this counter at the moment?
Bintang ( Date: 10-Aug-2011 15:33) Posted:
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so we can short it down to $1.14?
Cosco has made a weak rebounce to $1.35 this morning , but it came down again to $1.22 . Because there is another gap at $1.14 remains open .
Bintang ( Date: 03-Aug-2011 22:47) Posted:
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zz i shall go hibernate. This stock keeps going down....
As a trader, never wait for cut, hoping to profit....