Man, reading through bits and pieces of news, I'm beginning to be convinced that the downturn in oil prices will last for some time, maybe a year or two at least and it still has room to fall. Shale oil producers in the US have sunk costs and can't cut back on production. They will cut new investment but that only affects new wells down the road. The general outlook for the global economy next year is pretty bleak so demand is likely to drop further.

So in short: I should have listened to boon and cut losses quickly!

Buying cheap of course is good...

But what if the cheap continues to keep getting cheaper?

Simple buying tactic example, assuming one started buying at 315.

3.15 buy 1000 shares. Total outlay 3150 (no count commision + stamp fees blah blah)
3.00 buy 2000 shares. Total outlay 9150. (average cost 3.05)
2.80 buy 6000 shares. Total outlay 25950 (average cost 2.88)
2.60 buy 12000 shares. Total outlay 57150. (now holding 21000 shares! average cost 2.72)

See how expensive this exercise can get?
And this example use the strategy of doubling up every time the stock gets about 10% cheaper.

looking at superman... 

What you think.. new production capacity coming, sales in USD, undemanding valuation, rubber price falling... 

lucky i cut profit already .... newbie so afraid cut fast ....

klci testing new low ...

If these sell down continue.. have to start breaking FD... 

what u sell ?
i remember what u buy sure drop...now u sell will sure up

duckaton Gor;

Mine appoligize 

let us know...loh...

paper loss or pofit..

which counter ??

Its not long before russia will implode from within...history tend to repeat itself...

at this current age of comfort where most people are able to eat and sleep well, who wanna go to war?