QUOTE(duckaton @ Feb 10 2010, 12:01 AM)
Ah, this you have misunderstood.
No wonder I got phucked up so often about buy low sell high.
I didnt know LYN got a new meaning to this.
my bad.
my meaning,
Buy low sell high, means sell at a higher price that what you bought.
NOT buy lowest, sell peak.
Quote:
Your scenario 1 only work for those who manage to buy at the lowest aka March 09, then if they sell anytime, they will earn, just a matter of peanuts or abalone.
scenario 1 people has more stocks in the freezer that you will ever imagine.
some from pre iraq war, some from 9/11, some from their grandpa's heritance.
to them, market up, buy, market down sell.
why i know? all my uncles and aunties, frens fathers mothers all doing this. so a small market survey.
Quote:
Your scenario 2 not really happening theoretically else, we will not see drop in trading volume.
panlai

that is why we say high volume down is not good.
and the market now is doing just that.
if high volume down everyday, pack luggage, run away odi
Of course have to sell at higher price, else how you earn? People talk buy low sell high is usually mean, buy lowest sell, peak....but truthfully, how many of us really manage to hit the jackpot? Maybe I misunderstood your meaning.
Yeah...market is doing that. Well, I'm also sideline at the moment, waiting for the right time to enter.
Added on February 10, 2010, 12:07 amQUOTE(Veda @ Feb 9 2010, 11:58 PM)
My friend, whos' reading this but doesn't have an a/c here, asks me to tell u that:
It's possible to buy low and sell high, he has done it several times, just not at the absolute bootom or peak.
Post-March rally is a special case cause Obama (may his soul burn in hell) flooded the market with stimulus money.
My fren, buy low sell high is usually an expression by a LOT of ppl who mean buy lowest sell highest. Else it would be the same as buy high sell higher. Besides, it is common sense that we need to sell higher than our buy price to earn money. Else why you play stocks for? Do charity donating to KLCI?
Added on February 10, 2010, 12:13 amFor those hoping for DJ to rebound, now DJ is going downwards
This post has been edited by jasontoh: Feb 10 2010, 12:13 AM