Got shares, stuck on my portfiolio and am stuck with a lot of paper value loss
Cut loss and now waiting to stay invested
Sold everything on the high and out
Sembcorp Marine faces $364 million loss on rogue deals ! it is a scandal !
I woke up too late to get in on the action
tomm will be better... 1-2 rallies before year 2007 ends.
Last edited by raincool2005; 23rd October 2007 at 06:15 PM.
STI rallied 52 points today. Up and down created so much trading opportunities. My friend just made $1,000 today. Oh man, making $1,000 in a single day is like so easy.
Gambling on chance like technical rebound is playing with hell fire. Do not adopt that punt methods from your fren. Never never try that.
Last edited by raincool2005; 24th October 2007 at 02:57 AM.
US market closing : Dow +109.26, Nasdaq +45.33
markets improved thanks to falling crude oil at 85.27.
Last edited by raincool2005; 24th October 2007 at 04:16 AM.
What he said to me was that market went down 100++ points 2 days ago, but subsequently rallied 52 and 27 points, etc. This proves what? He picked up those good quality stocks at cheap prices.
It is all about expectation and sentiment. Buy those quality stocks that sold down due to market panic selling and not fundamental changes.
Now it is all about talks/news. Therefore, it is all depend on whether you are an optimist or pessimist.
Finally, it doesn't matter what other people think, etc. The most important thing is whether you make cash. Cash is King!
I have seen rich men evolved and disappeared as a result of market changes.
I am also amazed by how people got influenced by analysts, fund managers by buying and selling their stocks.
Analysts and Fund Managers are quite good in producing "news".
anyone buying into Sembmarine ?