Forumer Musicwhiz5,

It seems that you are really quite a stubborn and resistant kid ! 

People had told you to avoid putting long, debatable and controversial topics onto other people?s earlier started thread ? but it seems that you are quite insensitive, resistant & stubborn to take advice.  If you continue to do that, you may just make people to dislike you more & eventually losing respect for you !   

This thread was initiated and started by me ( Simon Loh ).  I started it more for the intention of caring, sharing, helping others and attending to other  forumer?s review and request help purpose.  Sometimes, they may have other query or things which they would like to check with me.  It is also cater for me to provide any ideas, advice or information that I may have for them.  It is all for the very simple reasons and purpose. 

There is a lot of time, forumer had queries, questions and review request for me ? since I do review for them, I had to often read, scan and even keep track of the many questions there, sometimes, I even have to make filing and keeps my reply records.  As such,  I intent to make the content simple, clean, short & non-messy.  As I have said, you are welcome to ask and give comments too, but try not to raise subjective, sensitive, long and controversial message there, all these things I would suggest to put it onto another place ? so as not to mix them together to further complicated, confuse myself and others too.  Try not to make use of this thread to promote or recommend your particular investment strategy so called "value investing".  There is a place for everything ?do it somewhere else ? all in all, this thread was not meant for that purpose !

If you are really so keen and ?die die? want to come into my thread to hear my opinions & comments, by all means ? go ahead and start a new thread, after setting up, do let me know, invite me & I may just come & ?entertain? you a little ( as I have indicated earlier that I am not so keen on doing that ).

I believed some earlier forumer had indicated and even urged you before to start your new thread with your new deep discussing topics, by the way, have you really started it ??   From there on, if you invite me, I may go over there & post some of my questions & views there !  Cheers and Happy Threading !

Regards,

Simon Loh.

Simon?s Opinion and Advise regarding the Current Sharp Market Correction on Tue & Wed,  27 & 28 Feb 07.

Dear Readers,

Since it is my initiative for you to buy stocks, When the time is NOT right, it is also my responsibility to keep you inform and updated about the latest situation on Investment Sentiment.

By now, you would known about the sharp market correction yesterday and especially today.  It happened NOT just locally but globally as well.  This storm or correction has infected worldwide ranging from Asia, American to Europe.  The big drop in magnitude is causing a lot fear and worry all across the board and at all level ! 

According to those past happening and experience,  this kind of Global Scale Happening does NOT usually finished within just 1 or 2 days ? it?s most probably going to last for a while and probably much longer than that !  As such, it is advice that you take Wise Approach at the moment.  Try NOT to go against the market forces or tides or you will be the one to loose out in the end.  When the storm came, even fishermen knows how to take cover and wait for the storm to settle down before moving out for his next catch, how much more are we the small investors whose money are precious. 

This storm came in quite strong and furious in term of both size and magnitude, as such it is advisable to take shelter now.  You are advice to observe and monitor the situation closely to see what appropriate steps you have to take.  For those who have taken my recommendation to buy those stocks in the earlier time, as things takes a drastic change, we may also have to take the necessary steps to reconsider our position again !  If you have not lost too much ? even up to 15 % losses, you may still want to bite the bullet and cut the lost if your have to ?!  The point here is to PRESERVE YOUR CASH.  If most or partial of your cash is still around, and when the dust settles, there will still be a lot of cheap and good value stocks for you to pick up later.  Then, the GAIN from there may even be more than what you previously cut your losses !   

I noticed that a lot of stocks have dropped to very new low and much lower ? and in the days to come ? it will probably drop even further.  As such, I have done a quick calculation, and noticed that even at the above % lost, in time to recovery, when the storm settle down,  from the cheap and low bargain hunting shares that you get, you will still be able to make more profits in return than your previous lost cut, hence not a bad deal , better to do some cut lost now than later.  If your cash is still around, you can then always make a come back again in the future when the dust settle down ! However, soon upon selling, do NOT go in immediately for bargain hunting, it will take a while or quite some time before the dust settles again !  If the settling time is short, it could be a few weeks to about 1.5 mths I estimate ? but if it is long, it may even take years to recover, for now, nobody is able to tell you exactly the happening, we just got to move along and observe the situation development and take appropriate steps when necessary !

All in all, do note that this is just my personal opinion and advice, of course, the final decision is still up to you to take. Hope to see you PRESERVED YOUR CASH and make a come back again when the time is right. Good Luck ! 

Regards,

Simon Loh

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It's good to know that Mr Simon Loh has apparently decided to do something  more meaningful (like he says, a win-win situation) by starting some sort of an "investment pool".

From the beginning, I was personally in favour of him doing something like this, or be a paid consultant, in view of his learned expertise and diligent dedication in analysing individual stocks.

Well... I believe Simon will definitely have a huge following... :)