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how do you cope with your losses
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Farmer
Master |
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?
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buysell
Member |
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. |
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nickyng
Supreme |
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 |
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buysell
Member |
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 . | ||||
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scotty
Senior |
02-Mar-2009 17:06
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He is down TO $200K Brother... that is a 95% loss
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stockseeker
Member |
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?? |
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scotty
Senior |
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.
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buysell
Member |
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%.
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ekekeg
Veteran |
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?
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scotty
Senior |
02-Mar-2009 16:59
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Is he still a millionaire?
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ekekeg
Veteran |
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! | ||||
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buysell
Member |
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).
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scotty
Senior |
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. |
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freeme
Elite |
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.. |
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buysell
Member |
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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