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Market is dead.......
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moneyface
Senior |
08-Jan-2008 20:07
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just hijack this thread to ask a question: If a company announce that it will have a daily buyback of shares up to
what does it means in the long run? some news that we don't know? Or its just as simple as that?
Thanks in advance
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Livermore
Master |
08-Jan-2008 19:22
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Whatever mistakes made if one learns from them, it is a step forward. I have made mistakes in the past and I still do. But gradually I do a quick analysis, learn from it and move on. | |||
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Livermore
Master |
08-Jan-2008 19:08
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Yes, now is not the time to sell. I am looking at long term so my strategy is simple - do nothing. But I shall slowly average up one counter that has just "burst into life". Although I look at long term , I still try to sell when the share is over bought and starts to corrects and buy back after correction. Hopefully my timing is better this year as I am lousy at charts. I am not too concerned about the US economic slowdown. Find the right stock in the right theme and all should be fine despite the "bumpy" ride uphill with bad sentiments |
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OneSharer
Veteran |
08-Jan-2008 19:05
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Lazyhorse, that was really good -- sounded so depressing but yet so real and funny. If misery loves company, then you should feel better now. Didn't know I was in such a depressing position until your post.  Be optimistic -- doubt we are alone (Nicky excluded) during this mkt period. |
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cheongwee
Elite |
08-Jan-2008 18:54
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It seen like you ppl buy but with no plan to cut if it go down...so all the sad post...am i right??? for me standard 7% cut..sell 10% from top..if uptrend continue..join in again..good luck |
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Hulumas
Supreme |
08-Jan-2008 18:41
Yells: "INVEST but not TRADE please!" |
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Dear Lazyhorse, Take it eassy, everything will soon be all right, do not cry please! Anyway, it is not the end of the world. If you hold Jishan, it seems MOVING UPWARD soon!!!(overshoot, technical rebounce I think) |
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elfinchilde
Elite |
08-Jan-2008 17:54
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aww...there, there lazyhorse....don't cry...after all, tears won't solve anything, ain't it? so why waste it. cheer up... market isn't downtrend (yet); it's actually range bound. i'm expecting a rebound thurs and friday. we're oversold already. let's see how it goes. hang in there! :) |
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cyjjerry85
Elite |
08-Jan-2008 17:52
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always good to learn from experiences~ | |||
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huatah
Veteran |
08-Jan-2008 17:32
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dun cry.. tat's share.. de excitement is always there.. Learn to cut loss.. and learn to exit.. |
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Lazyhorse
Senior |
08-Jan-2008 17:25
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Buy also die (because don't know how long this downtrend is going to last) Don't buy also die (because bought the shares at too high prices. Need to average) Sell also die (because will make a loss) Don't sell also die (because don't know how long the money will be stuck inside) Best is to CRY !!!!! Booo...whoooo....whooo.....Booo....whoooo....whooo..... |
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mike8057d
Veteran |
08-Jan-2008 16:38
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Tears flow into your stomach | |||
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sohguanh
Veteran |
08-Jan-2008 15:50
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Dead for speculative and short term traders but not for genuine investors. I am still buying on a selective basis as per normal. For shortists I am not so sure. Maybe nickyng would like to say if SGX market is dead or it has became shortist playground as of current? :P | |||
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Lazyhorse
Senior |
08-Jan-2008 13:56
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Cry no tears..... |
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