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SGX

Since like you say..most of us have limited resource, so why not just stay on the side line and wait..

Just ask ourselves have we seen the worst...now one year after the subprime..alot of problem are coming to ripe..insurance crises..now auto,,,next i heard US forumer say credit card..then this will hit bank again and cause another round of problem all over again..then you got so many report of job cut and layoff...with all these news, do you think the market have hit the bottom already??? Not me...i think it got more to go down, but of cause it got rally also along the way, but it will be generally be a down trend.

I think market will hit bottom only next year..but it may have a rally to 10500(DOW) and then go to 7000 and bottom out..my own prediction..DOYDD

I believe we can buy later...capitaland at 1.8...SIA at 6.8...these are my prediction..DYODD..good luck.

At such, i am waiting, and i suggest you do likewise..y buy now when you can buy more and cheaper  later???

But what if i am wrong, and this round of bear the bottom is 1600..

So if you like... you may buy in trenches..but of cause your profit will be less.. that all...good luck.

HLJHLJ      ( Date: 09-Nov-2008 16:12) Posted: Cheong Wee is right! Must invest by momentum and average up along the way. This is one way. It is like doing business. You invest some money into a business and try first. If it is better, you pump in more and so on. You do not go all at one go as the risk is high. If the business is not doing well, chop and put into business doing well to let the winners work for you. Same for stocks. I'm also switching to this method. In this way, you are also holding a lot of cash!! If other opportunity arises, you can use your cash like buying condo etc. Contrarian is also another way but you need to have deep pockets and average down only very good counters. But most of us have limited resources, so seems like average up is better. Anyway, a bull will last about 3 years, so plenty of time to average up. It is more blessed to give first, then receive later. How true!

 

Fully agreed, cash is king now. Looking at :

DBS retrenchment. Wat ther banks say?

Las V Sand issues, ppty slump etc.

 

Cheong Wee is right! Must invest by momentum and average up along the way. This is one way. It is like doing business. You invest some money into a business and try first. If it is better, you pump in more and so on. You do not go all at one go as the risk is high. If the business is not doing well, chop and put into business doing well to let the winners work for you. Same for stocks. I'm also switching to this method. In this way, you are also holding a lot of cash!! If other opportunity arises, you can use your cash like buying condo etc. Contrarian is also another way but you need to have deep pockets and average down only very good counters. But most of us have limited resources, so seems like average up is better. Anyway, a bull will last about 3 years, so plenty of time to average up. It is more blessed to give first, then receive later. How true!

 

This is a follow up to my post...toking abt taking profit...alway take some money off the table when your stock go up say 50% or more..and leave the so call casino money there to run..now at least you got money to buy other stock or to buy even more of your counter that come down,, but the counter got to be fundamentally good,,it is down because generally the market is down, and not because the coy got porblem.

that is what i learn from other..hope i do my part..all the best..and dont be sad...your 10 px will be back in the future, but you miss out opportunity for now...that all...but that will be a long time..good luck.

Currently, look like a bear rally on the way, ...hope so.

 

U should ask yourself what mistake u have make..and never repeat it again..

When you bought the counter, you should set a px to cut..for me that is 10%..and let profit run, sell only on reversal..

Majority, ppl buy easily, and when got profit did not take because of greed, and then finally, it go down way below their buying px and stuck there for good...hoping it go back up..but if it is going down, most likely it will...so you should cut lose fast...take care the downside and the upside will take care of itself.

Dont listen to those analyst at shareinvester or any investment seminar calling you to hold and stay on..this is stupid, there is an opportuniy cost to pay....imagine if i did not join in the big sale way back,  today i will be sitting on big losses like you..but now i can comfortably buy my counter which have gone down much more, that i can afford to buy much more lots and break even faster without coming out more money..like what you do to average down.

I suggest that you look to another counter , mid cap, that got potential to double up faster and who know a multi bagger that make you more money than averaging down on this one. Look around, there are alot..i believe when good time come back capitaland will go up more than double easily over this one..and some mid cap can go a few time higher ...DYODD

Now, it look like u are stuck here for a long time..do u think it can go back to 10 easily, at these hard time...sell to strength..

But i dare not say for fear of repercussion, but i see a sti 1200 bottom..and i am sticking to my gun..you much do your own due diligent..i am sticking to my 1200 before i buy long...now only trading..only.

good luck..hope i help.

oceanblue      ( Date: 30-Oct-2008 12:37) Posted: I am stuck with 2 lots at almost around $10 bought some months back. Not sure if it is good at today's price to average down. Can anyone advise?

 

Ocean, if now u still holding any blue chips which had shed more than 50%

then u had missed the 10-20 % loss market liso, then, of couse ref to global market strength.

 

u bght at $10.00 n to average px down [if u buy at $5.00] it is not an unwise move [ur avg px wud the b $7.50] BUT if u hope to avg it by buying at $4.00 [ to bring ur avg to $7.00] then u r timing the market which is not a wise move cos almost evry investoe cud not time the market successfully...they buy if they feel the px is right 4 them....so it all depends on urself, if u think $5.00 is high then wait 4 $4.00 [u may not get it at tis px but again u may get it at tis px]......it all depends on ur target px to buy to avg down....$3.00 is also possible but wat if it does not drop to tat px???........at the end of the day it is ur $$$$ hence u target ur px to buy to avg down.

oceanblue      ( Date: 30-Oct-2008 12:37) Posted: I am stuck with 2 lots at almost around $10 bought some months back. Not sure if it is good at today's price to average down. Can anyone advise?

 

Freeze selling state land could push market. What next?

Cut CPF n Pay to ease coy's pressure??

One country, chops 1200 gov servants to cut state cost???? Today paper.

 

The market itself will do all the required 'reminding'...

No one knows best but the market itself... 

People may be optimistic or fearful at various times, but the market is always right...

 

 

Please be reminded that global recession is in place and would be worst.. GULF  states are now asking for bailout which is surprising giving that they are oil producers

 

Take Q fr UOB last Fri.

OCBC opens book 5 Nov, n DBS on 7 Nov.

Not a call for CFD, neither Long or Short: CA.

millionodyssey      ( Date: 01-Nov-2008 03:42) Posted: I think negative market sentiments will drive this stock down again when negative reports and announcements are released in the US, causing the continuation of the bear market.     My personal finance blog

 

I think negative market sentiments will drive this stock down again when negative reports and announcements are released in the US, causing the continuation of the bear market.

 

 

My personal finance blog

 

EU market now is in green. If DJ 2nite dun miss que, TGIF here will chiong a bit in the am n afternoon profit taking liao.

Ha ha if the above sui sui ah, then our Polar Bears will come to action actively liao. Cheers.

 

As long as the market is active with volume, this counter is ok. It is currently around 5 most of the times, seems like a good support. However, if market has low vol due to bad economy next yr, this counter might suffer. Anyway, looks like slight activities are coming back.

 

I am stuck with 2 lots at almost around $10 bought some months back. Not sure if it is good at today's price to average down. Can anyone advise?

 

Just an estimated one from chart: 03 ==> 1.3 to 2.3 Its IPO is 1.1

planet      ( Date: 26-Oct-2008 00:33) Posted: Can anyone advise wat's SGX lowest price during Sar's time or 97 asia financial crisis?

 

Can anyone advise wat's SGX lowest price during Sar's time or 97 asia financial crisis? 

 

Its IPO is 1.1 by the way... LOL.
But days are different nowadays. People are still trading. Back during Sars, market was almost dead. However, if recession drags on, vol will drop and SGX will be affected. Hope won't be like SARS time...otherwise eat grass leow.

 

Ok thanks AK. Think I will wait for a while more before entering.

 

 

My personal finance blog

 

AK opine that now too early to consider to buy any stock for long term. As what IP mentioned below stable and good market fundamentals are the yalkstick to guide for decision. Unless, if cash rich and can loon for yrs ones, then that is different issue liao.

At current gloomy and uncertainty market trend, confident level is affected. Not many real investors like to put their hands in the stock market, esp finance, ppty n marine sectors.

Simply less people trade, less profitable SGX is.