Check in. Why no rally? Sheeeet. To dump or not to dump my remaining counters, that is the question.

This post has been edited by Veda: Sep 19 2011, 06:49 PM

You've answered your own question

If I cut loss, it's not out of fear or panic, it's a strategic retreat

Cause they are cyclical stocks mah.

Most IBs were heavily promoting O&G, construction, property (all cyclical) a couple of months back cause of ETF. Now these sectors are the hardest hit.

The non-cyclicals, so-called defensives like JTI, DLady, etc will also drop by big % eventually ........ just that the cyclical stocks always get hit first.

if greece goes default, european banks will kena kaw kaw.

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Added on September 19, 2011, 8:50 pmShould change the thread title to:

Save us, Unker Ben! Do the Twist!

This post has been edited by Veda: Sep 19 2011, 08:50 PM

I'll say it's both.

I'm holding a big parang ready to cut loss if Unker Benny fails to unleash QE3 or at least do the Twist. Darn, it's going to be painful, like that fella who cut off his arm in All Men Are Brothers.

On the bright side, I've already shortlisted my target property, and the mutual fund I want to buy with my EPF, and other targets, when and if the economic storm hits.

This post has been edited by Veda: Sep 21 2011, 11:18 PM

I bought Stock A in June because it's one of the few quality stocks still trading in single digit PE. My stock, although battered, remains fundamentally sound. I'm thinking of cutting loss to free up capital for other stocks (in industries that I prefer) that are trading at bargain prices now, and may go lower. My fear is not of financial losses or the company going brankrupt, but of lost opportunities

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Added on September 22, 2011, 12:27 amJust think with a cool head and cold heart ...... then ..... just do it!

This post has been edited by Veda: Sep 22 2011, 12:27 AM

Should be around 1-2% only.

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

I'm watching "I Need A Doctor"
http://www.youtube.com/watch?v=VA770wpLX-Q

There's been no decent rebound since the downtrend started.

Sigh. I'm feeling the urge to call my remisier for advice (actually just want her to comfort me).

My main remisier not so money faced one, seriously. Sometimes she's wrong, sometimes she doesn't pay enough attention, but she's honest.

After encountering so many money grubbing char boh in Penang and Klang Valley, u think I can't spot them from a mile away meh

Read in my friend's copy of the Edge today .... while having kopi kaw kaw and roti bakar .... a chief investment officer with an investment bank says the local market could bottom by next month. He says there could be a year end rally that retraces 50% of the loss ground or something like that. Cause Europe and Amerika will get their act together. I'm writing from memory and some details could inaccurate hor.

So some ppl might choose to bargain hunt instead of selling. But use your brains to make your own decision hor. Don't shoot the messenger hor.

It's Monday. In 9 hours I ride into battle. Funny, I feel butterflies in my stomach.