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Was happily waiting for market to rebound a bit this morning to cut loss and exit but looks like becomes worse. Anyway die die will cut loss today to exit for holidays till mid Sept. Tell myself not to look at the screen so as not to get tempted with lelong prices. Drawing up my target prices for favourites to cheong when come back after holiday. It is better to cut loss now then to stress up every day. There will always be opportunities later agree??
bear is stronger than bull now, so you much bear the pain for market sell down. stay away from this counter is you can.
bear camp? I'm hiding up in the tree waiting for the bear to go away :-P
i will join the bear camp group now and wait at the sidelines. Cut loss is inevitable. Damn, should have cut loss early early...
The Yen is strengthening again(112.72)-carry trades must be in great trouble.
As the yen strenghthens the markets and commodities collapse-the losses at this early stage of the bear market is colossal .40 billion pounds last night in UK alone.(scotsman,co)
Many funds will go belly up and legal suits will follow.
The opportunity to go long is there but your timing must be dead right or you will be left holding the baby so to speak
soreloser, are u suggesting me to induce suicide in this forum?
Oi, people, don't talk like this! Don't even think negative!
It's all in your mind. Dun see anymore or hear anymore of the market if you think you are turning negative. Go for a walk until market closes at 5. Use the weekend to work out a strategy.....please. There are people out there fighting for their life against illnesses, treasure what you have!
Some ******** pixie dust******* for the market to get better after lunch!
Another forummer heard his lady broker cried over the phone....
red1721, can u show us the way to the link bout the chap wantin to kill itself? might want to join....
. any participants??
. any participants??
victorf, wait abit...looks like theres more downside to come...
when there is crisis there is opportunity....we believe that IRRATIONAL PESSIMISM exixts in the market now and is short term....the liquidity waiting at sideline and strong economy will come in when the dust settles...we are still optimistic with the long term trend and not as bearish as some...let the market WALK THE TALK and we will come in for good stocks at a strong discount when "certainty" resumes as there are three rules for trading share
1. Never lose money
2. Never lose money
3. Go back to first rule
Good luck
Read in another forum some chap wanna suicide cos of the freefall...
We are in the midst of a C wave.If 3000 breaks wee should see 2800 in a couple of weeks.Now we must believe in charts as they are self fulfilling.
A recession is on the cards no matter what the fed does and no matter what MAS does . The IR.Formula 1, en bloc sale etc. will not prevent this finacial centre from being invoved in this chain reaction. I forsee a mild rebound in 2- 3 weeks time and then a less steep decline for months
There is an article that the fed cut interest rate last night secretly without announcing it in asian wall street 17/08/07.It had minimal effect on the dow.
Humpty Dumpty is now an omelette .
Do not average unless you have a long long time frame -4.2 years
The problem is structural and there is no further bubble to blow
The Japanese housewives(a significant force ) plus the hedge funds are unwinding the yen carry trade and the yen is now 112.99 to the dollar -not seen for years.
There is no good news for bulls although if you hold good stocks and treat them like fixed deposit you will be ok many years down the road
another bloody day!!! steady! it's not war or SARS. The more you panic the more you tend to sell. Once you sell they (speculator) buy at low price.
Pse do Victorf ! Its getting scary !
market is still uncertain with "some certainty signs" being seen...will make the call once we see the certainty signs...good luck
Hello Hikitty... :)
In a bear market, whether to dump or not to dump is up to those owning the shares.
Telling them to dump or not to dump is not a good idea...
But the strong recover from Dow last night might be due to some rumours of Fed coming with measures over the weekend.
Whatever it is, I'm already numb...seeing my counters losing cents by the days...
The feeling of funds being "trap" is really sucks....
The only reason that ppls should serious look into now is that the US sub-prime turmoil will lead to a lot of Ang Mo fund manager to dump all the Asia Market Shares to take back the cash to rescue the losses they made in their Ang Mo countries....
They dump, we should help them to dump further to make them lose further.........S H I T Dam ANG MO
Ya man, may a bird really shits on the STI. That's why damn suay. Bloody Ang Moh took wrong medicine but we have to lau sai for them for weeks.