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Suddenly All See RED

if you all has adopted the same strategy as I and that is try to buy at close to 52 week low stocks, the drop is not drop in profits but capital is still protected. in fact i tink it is good bargain time for those oil&gas and property stocks. LKH Sp is 0.75 and I wanna see it drop below 0.70 :)

 

Thanks Cheongwee, i already intend to Q tomolo morning at 8.30am sharp to sell some shares except the few which i intend to for long term.

Hope not too many casualties resulting from whatever triggers this RED Tide today.

Good Luck to You and all.

 

 

Guess some BB didnt have a good lunch today... come back from lunch boi song then sell down..

Hope tonite uncle sam can resist the free fall.. otherwise sell down may continue tmr..

On the bright side, now time to bargain hunt for those who still have ammo

 

skeleton...if tonite dow really down 500 pts...you better sell at whatever profit you have...i am vested in gold stock somehow provided hedging ...we are going to see a very high gold px soon...if the dollar really do down below historical low of 78.9...then there will be no bottom for the stock market around the world...good luck,

 

Imagine those who bought Jade at the peak of 56.5 today...wah...heart attack when looking at the price go free fall.

 

 

Hey guy hope you all well...but got to say the true...hearsay over the other side of the pacific ocean got big big problem...finally got my stock..think so lucky today....tomolo will cut lose...i think tonite dow is going down 400 to 500 pts..pray that is not to be...otherwise alot ppl dies...include me.

 

Interestingly, it started about 3.30pm. Most top volume penny stocks consecutively falling........followed by panic selling...just my observation.

 

Just take a look at SPC...

it went up today while most stocks went down... 

 

actually this correction seems coordinated....maybe some millionaires decided market too high so started shorting all counters....trying to trap those contra fellows to give up at a lost....then they go in and snap all the good counters and wala...they make hugh profits and leave for holiday....just my sentiment...

 

Now i see 6 of my counters in BLACK but 3 still in RED.

Total profit up to $5K plus now....hmmm.

Must sms Mosses and ask him to open up the RED SEA tomolo.  Feel sorry for those who so happen than today is the settlement for the contra date

Good Luck all

 

To be honest...we can only blame ourselves for not seeing this coming....the govt already ran 2 warnings in the news warning investors indirectly. Guess they got tired of people ignoring them and decided to take affirmative action. I doubt it's a "crash" but more of a correction to keep investors in check.....heck if there isn't a correction from external forces, guess the next best thing is to create one yourself ! Time to bargain hunt those fundamentally good property stocks you've always wanted to get folks ! It's not an entirely BAD thing altogether lah

 

most of the shares are going down....do any1 know on the reason of this?

 

Hi Skeleton, no worry... i got no ball to do contra... dun wanna end like as skinny as skeleton (just kidding). Checking out for AP regional indices... all 'ang ang'

 

only manage to sell part of my shares in morning today... after that i was busy at work.... login in just a moment ago and so surprised to see most of my construction shares down~!! sigh! it is either profit been cut or two shares turn into loss suddenly. now I have to be paitent and wait for the uptrend reversal.

 

Jng1103, sorry for being kapoh, better not try contra these few days as there might be heavy volumes of Force selling which might pull the price of today down even further, perhaps Friday might be a better time for bargain hunting after observing for 2 more days.

Just my 2 cents worth of thoughts

Cheers

 

Its not that bad lah.  Most affected are the property stocks. The reverb of the fear on the prop stocks are felt by others thats all.  I believe tmr MAY recover.  If its still a BULL run market, try to be a contrarian during a correction. 

 

May be it's the good time to go for bargain hunting? GSS not over yet meh???  Too bad, no more ammour liao... wanna do contact but no ball...

 

damn freaking bad afternoon.  went in bakertech at 0.395 at market open.  then log out, go long lunch, come back... saw 0.48 down to 0.345.  almost heart attack.

 

My 9 counters were all BLACK during lunch time with a Total profit of near to $19K, now....5 RED and 4 BLACK with only a total profit of  less than $2K.

Garment zho simi ???

 

Black afternoon today....what happened? haven seen this for a long time?? any updates??

Lucky this morning got rid of all shares....phew

I pray for those who contra