I thk basically, the American like to report their worse at last quater of the year, so that is the reason...most crises happen ard Oct period...

thus this is deem to be a dangerous period which ppl like o sideline...esp a time like now...

if you look fr 30000 ft...the trend is up,,but short  term we may see a new low...i dont thk it is so simple as data...show we improve slightly on heavy dose of stimulus, which measn worse is far fr over..]

but i could be wrong, which is unlikely for my opinion..

but if we stay, the damage will be more than the benefit...as crash will be steep...then the bull..

we took 6 month to reach today...but we can take 2 to a new low....u see that in 2007..2008..

u going to see 2009...hopefully not???..but i thk likely..

take care got nothing to lose...having trailing stop and cut on first instance of big bad news...dont wait..protect your capital to fight another day..

otherwise next leg up...you got no resource to fall back on to take advantage of the cheap stock..to buy cheaply...because all your fund is trap in the crash...

why not? after the storm come the sun...ask yourself it the sunny more or the rainy more...

sunny of course...sti will be 5000 in the future...we cannot deny this...

my time it was 800..1987!!!...I shd have long DBS..and end up better than WB...i didnt..

you shd buy DBS, do it the next leg down...OK..dont make mistake like i did,,

Absolutely...more than agree...Hero are Hero at their own period of time in history..WB is hero for stock till now....maybe going forward, there will be anothe one.....his method is like you describe...another hero of stock market...buy low low and sell high high...to optimistism...

iPunter      ( Date: 23-Aug-2009 11:21) Posted: If warren buffet has been averaging down during the meltdown, he would have been very depressed... If  he has been holding on during the meltdown, he would also be depressed... But if he had dumped at the first signs of the meltdown, and then bought at the lows, he would now be ecstactic to the point of o... hehehe...

I fully agree with u, as it makes no rational sense.

Thus why, dun believe blindly as he has no super-natural divine powers.

Read wat they write but rationalise whether it make sense

JMO,  as a TA practitioner  I m never too eager to secure my profits prematurely as I always remember my 3 golden mantras, one of which is :

(3rd golden mantra): -

"Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses
made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if
later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can
always re-enter if there is another buy sign candles, even if buying at a higher price."

Tat is only a prediction, no 100% guaranteed, so be mindful but not overly overwhelmed by this fear tat u exit too early, keep salivating, seeing others making money but u exited too early, if u are a TA practitioner, my 1st golden mantras:

(2nd golden mantra): -  

"Plan your trade n trade your plan", which means we need to analyse the chart for buying opportunities (TA skills needed, though not infallible) n set out stop-loss point b4 enter a trade and exit based on my 3rd golden mantra.