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how do you cope with your losses

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Farmer
    02-Mar-2009 17:34  
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Agree, if  Swimming Pool is listed now, it will chiong all the way to the heaven! Share holders will also be customers, how nice it is......err, is LHL aware of this idea?

nickyng      ( Date: 02-Mar-2009 17:10) Posted:



gee..that explain WHY the longer Q at TOTO and 4D outlet no mattar which outlet i went siah ! :D

i will support Spore Pools if it ever get LISTED...confirmed recession proof !! :D better than STENG ! :D

 
 
buysell
    02-Mar-2009 17:11  
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scotty, sorry i misread it as down by $200K.

See it's affecting me , i can't even concentrate.

 
 
 
nickyng
    02-Mar-2009 17:10  
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gee..that explain WHY the longer Q at TOTO and 4D outlet no mattar which outlet i went siah ! :D

i will support Spore Pools if it ever get LISTED...confirmed recession proof !! :D better than STENG ! :D
 

 
buysell
    02-Mar-2009 17:08  
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stocksseeker, Dow hit another new low last fri & today's dow future not that promising, that explains why for today's drop and in general, market sentiment is still bearish .
 
 
scotty
    02-Mar-2009 17:06  
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He is down TO $200K

Brother... that is a  95% loss 



buysell      ( Date: 02-Mar-2009 17:04) Posted:

if you work on the percentage, he's not incurred hugh losses. i invested 300K & i am down by 34%.



ekekeg      ( Date: 02-Mar-2009 16:58) Posted:

My friend, a millionaire invested 4 millions dollars and told me it is down to $200K. So count yourself lucky? Everybody seems not in luck!


 
 
stockseeker
    02-Mar-2009 17:04  
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Today's Market a huge disaster in a single day.

I consider it even worse that what had happened in oct - dec 2008.

What's wrong?? Why the sudden 'panic' phenomenon??

I didn't see not hear of any major announcement ??

Anyone can enlighten??
 

 
scotty
    02-Mar-2009 17:04  
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Rich people have to maintain "face". Especially those with business. 

They need to maintain successful image otherwise all their client and partners will lose confidence in them. 



ekekeg      ( Date: 02-Mar-2009 17:01) Posted:

Surface wise, he still looks like one, but inside I don't know.

 

Believe our 70,000 millionaires are now down at least more than half?  Is the stats .updated?



scotty      ( Date: 02-Mar-2009 16:59) Posted:

Is he still a millionaire


 
 
buysell
    02-Mar-2009 17:04  
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if you work on the percentage, he's not incurred hugh losses. i invested 300K & i am down by 34%.



ekekeg      ( Date: 02-Mar-2009 16:58) Posted:

My friend, a millionaire invested 4 millions dollars and told me it is down to $200K. So count yourself lucky? Everybody seems not in luck!

 
 
ekekeg
    02-Mar-2009 17:01  
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Surface wise, he still looks like one, but inside I don't know.

 

Believe our 70,000 millionaires are now down at least more than half?  Is the stats .updated?



scotty      ( Date: 02-Mar-2009 16:59) Posted:

Is he still a millionaire?

ekekeg      ( Date: 02-Mar-2009 16:58) Posted:

My friend, a millionaire invested 4 millions dollars and told me it is down to $200K. So count yourself lucky? Everybody seems not in luck!


 
 
scotty
    02-Mar-2009 16:59  
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Is he still a millionaire?

ekekeg      ( Date: 02-Mar-2009 16:58) Posted:

My friend, a millionaire invested 4 millions dollars and told me it is down to $200K. So count yourself lucky? Everybody seems not in luck!

 

 
ekekeg
    02-Mar-2009 16:58  
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My friend, a millionaire invested 4 millions dollars and told me it is down to $200K. So count yourself lucky? Everybody seems not in luck!
 
 
buysell
    02-Mar-2009 16:58  
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frankly, i did intend to hold but pricing are treading downwards breaking new lows and you can't help but calculating your losses.

To me,floating loss is still a loss and my mind is always on what the current price doing ( though there's nothing much i could do).



freeme      ( Date: 02-Mar-2009 16:48) Posted:



Take a break, dun keep looking at ur stock prices if you intend to hold for very long term. It can be very demoralise looking at it everyday or every hour..

 

 
 
scotty
    02-Mar-2009 16:55  
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I write off my losses. Don't think about it anymore. 

Currently, I am down about $20K. That is not a lot but it still hurts. 
 
 
freeme
    02-Mar-2009 16:48  
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Take a break, dun keep looking at ur stock prices if you intend to hold for very long term. It can be very demoralise looking at it everyday or every hour..

 
 
 
buysell
    02-Mar-2009 16:44  
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i started buying shares last year oct thinking prices had given such hugh discount...i was naive.

today, my realished loss at $50K and floating losses at $70K, though i do not have to beg, steal or borrow those monies, it's certainly heartache for my portfolio.

i wonder how you guys coping with losses though i know some are making money in current bear market . 
 
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