Wow,as expected and predicted early in the morning KLCI did breach the 1400 level and close at 1387.xx. Exciting days ahead. Let's stick together my fellow forumers during this bear time

Im very new to the market and was too naive to think that the first 2 weeks of Jan 2011 were how the market normally is
So after making some "easy" coffee money I went in deeper and now am drowning with huge paper loss. Guess im paying some tuition fees for not doing enough homework.

So I would greatly appreciate any suggestions from the sifus here regarding my portfolio - whether to cut loss now or to hold for rebound. javascript:emoticon(':help:')

Im tempted to nibble on or add some "solid" counters which are at attractive prices now (e.g. KPJ, DLady, Panamy, Utdplt and Carlsberg). But would need to take out some FDs to do that, unless I cut loss on some of my present counters and use the leftover.

My portfolio :-

1. AMedia  @ 0.315
2. DRBHCOM  @ 2.12
3. DUTALND  @ 0.61
4. GSB  @ 0.105 (average)
5. Jotech  @ 0.155
6. KUB  @ 0.755
7. MBSB  @ 1.42
8. MNC  @ 0.13
9. Mulpha (MIB)    @ 0.64
10. NCB  @ 4.15
11. OMedia    @ 0.09
12. PCHEM  @ 6.98
13. Perdana    @ 1.07 (average)
14. Perisai    @ 0.855
15. Plenitude  @ 2.13
16. PMCap  @  0.12 & 0.10
17. Poh Kong    @ 0.50
18. Theta @ 0.815
19. Timecom  @ 0.59
20. Axiata @ 4.39 & 4.48

Thanks in advance!

More & more forumers sold & left us liao

I promise I'll be here till 1200 wokie 

More & more forumers sold & left us liao

I promise I'll be here till 1200 wokie 

I'm sorry my mind cannot function due to KLCI drop a lot. I tot I saw 125 pages.

1. You need to slim down your portfolio. (Holding 5 to 8 quality counters is more than enough as the more counter you have, the harder you keep track on their financial reports)

2. Going through each of the above past financial report, if the company is making losses on every quarter, cut loss and recoupe the money to buy fundamental counters. (You won't go wrong with counter like KPJ, DLady, Panamy, Utdplt and Carlsberg)

3. Best of luck.

More & more forumers sold & left us liao

I promise I'll be here till 1200 wokie 

new thread

I'm sorry my mind cannot function due to KLCI drop a lot. I tot I saw 125 pages.

mine loss 1 %.. but so far total 10%..

wondering whether to consolidate all to cash..

should have heed tehkee's advice..

Did anyone get out alive? 

The move up yesterday as indeed a head fake to lure the bulls in to be slaughtered. 

If you had your stop at 1404-1405 level, you would have got out with minor haircut.
For now, all rallies will continue to sold into.  1350-1360 is next support. 

Thanks goodness I've sold off the majority of my stocks in July. Otherwise I would have taken the lift to 14th floor today, instead of being bruised but still standing tall 

Still alive, but resisting the baits will be hard..

i have 25th floor here..

Did anyone get out alive? 

The move up yesterday as indeed a head fake to lure the bulls in to be slaughtered. 

If you had your stop at 1404-1405 level, you would have got out with minor haircut.
For now, all rallies will continue to sold into.  1350-1360 is next support. 

Hopefully the drop in index will not make smartag drop much. So far break-even only.