http://www.bloomberg.com/news/2011-09-26/b...ndervalued.html

Something we don't Buffett do everyday. Buybacks is not his style. Wonder why he does it this time.
Does he really think Berkshire Hathaway is very undervalued?

ooo, what a big day we have here, somemore it is a Friday... scary

He ng kan yuen see so red

Usually major announcements are done on Friday

he 不甘愿 see so red?

Is Buffett losing his patience or he is yet again seeing what other don't ---- opportunity!!

LOL... me also, dementia, alzheimer... see all the warning signs coming but refuse to sell..

舞照跳, 马照跑, 股票延續炒.... <-- is it correct ?

This post has been edited by mopster: Sep 26 2011, 10:44 PM

Since I'm the only one so far who posted about cutting loss in this new thread, are you saying I'm a newbie and not steady?


Haha, just joking. I'm not offended

But FYI, cutting loss can be a smart thing. Even before August, I'm already more cash than stocks. Cutting loss my remaining stocks, painfully though it is, is a strategic move to free up money to buy better stocks at cheaper prices later on. Nothing panicky about it, although I do lose sleep last 2 days. Of course, the market could rebound tomorrow and go up non-stop until 2000..... who knows? I made a calculated move and it could either back-fire or reap me great rewards.

Other people have their own strategy. There is no right or wrong - there are many ways to make money.

LOL.... fry fry fried. Like us.

You didnt sell anything?

I was on the way of selling only managed to take out less than 1/3. But bought falling Bstead. Hope they still give good dividend. And my most proudful sell is to dump KNS; made me loss close to 5 figures... and Kfima got to wipe it.



This post has been edited by protonw: Sep 26 2011, 10:51 PM

Buyback because he wants to preserved the share price, over selling is very bad

It's true those who cut loss doesn't mean they are newbies. I wish I learn n forced myself to apply this important discipline much earlier. Also wish we have trailing stop loss just like the US market. So, it automatically force me out when things do go the way I want it to.

But thinking back, my entry and strategy in the first place also not a good one already for my 2 current trapped counters. Gotta just learn from mistakes

This post has been edited by ngaisteve1: Sep 26 2011, 10:59 PM

Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I've never forgotten that. I suppose I really manage to remember when and how it happened. The fact that I remember that way is my way of capitalizing experience.

The fluctuations were from the first associated in my mind with upward or downward movements. Of course there is always a reason for fluctuations, but the tape does not concern itself with the why and wherefore. It doesn't go into explanations. I didn't ask the tape why when I was fourteen, and I don't ask it today, at forty. The reason for what a certain stock does today may not be known for two or three days, or weeks, or months. But what the dickens does that matter? Your business with the tape is now -- not tomorrow. The reason can wait. But you must act instantly or be left. Time and again I see this happen.

http://www.jesse-livermore.net/chapter1.php

ur siggy says u read many stuff, cutting loss is part of the strategy. it takes iron discipline to control ur heart when it roket back up
to cut loss around 1500 seems ok, to cut loss around 1300 is ur own strategy
haha, wat is the name of the 'share' which u mention, tat season investor or trader bought from u?

for me, there's no need to imagine.. coz i have outperformed 20%..

Yup, I'm still learning too.

He who fights and run away lives to fight another day.

This post has been edited by Oracles99: Sep 26 2011, 11:21 PM

Well, I'm considerably younger than 40, so I'll refine my strategy as I learn from experience and mistakes.

As for "that" share, it's in your target list ....... so you might have bought it

But I started to appreciate TA more and more as this "crisis" unfolded. Until early this year, I'm 100% FA only.

the TA momentum in tis thread via klci
1600 super positive optimistic forumers
1500 positive optimistic forumers
1400 optimistic forumers
1300 forumers (changing to super negative pessimistic)

those who did not cut loss & hang on till now. u r doing goodie. pls pat urself. as the experience u went thru, money cannot buy
congrats urself for now. take a cloth, wipe ur sweat & time to buy new undies, for those who wet their pants
I no idea where the bottom is, but if it goes further down. I m in the ship with u guys & gals, albeit 300 klci point diff

messages getting complex since u dun play future nor foreign mkt, means no access to derivatives
the only way u can fuk the bear in bolehland, is to hold (which u r doing) & use any extra funds to buy more (using ur own timing strategy)
REMEMBER dun hug bear, JUS FUG IT!!! until it moans, pls dun bully me, i wanna be a bull & we got no kidde in tis thread ya

Will dow goes to 10,068 ??

I learned what fug the bear now means

Most likely ard 9000 level......but not so soon