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Seeking Advice.

agree. hang in there if you can. we shd see a recovery

 

Remember, what goes up must come down, what goes down will bounce up....my advise is to hold on to your existing position and wait for a technical rebounce to sell off. today there is many panic seller that is flooding the market..hang in there.

this is a good time to collect some good counters. that is what i am doing now.

 

my view is that just hold if you are not short of fund, we've been thru this many times. i am actually buying a bit here and there.

 

Dear SJ members, what is the next step of action if,

1) Someone did not take any action since the market start to collapse?  Did not learn to cut loss, did not sell out. At mid day the index is down 101 pts already to 3446.5.

2) Should we wait for some technical rebound and then sell?

3) Or should we start to panic and sell all whether you make or you lose?

4) But my opinion is to wait for the dust to settle first then take action. We must discipline ourself to sell into strength when most indices start to break record, but I think this is the beginning of the end. Your views please.

Regards, mirage