That is why CIMB Global Titanic keeps going up and up and up

US & India 

Reduced China 

Xuzen

IS IT A GOOD TIME TO SELL NOW?

If you fall under one of the categories below, then the answer is yes.

1.  You have maxed out your credit card, took a personal loan, used your emergency fund, etc. to buy the unit trusts.

2.  You need the money within one year to buy a house, buy a car, pay for your wedding, pay for your dog's funeral, etc.

3.  You cannot sleep at night. You are logging onto FSM and this forum on an hourly basis to find out the latest bad news. You are also checking the share market constantly, etc.

4.  Your performance at work is being adversely affected. So is your relationship with your family, your loved ones and your friends. You are getting bad tempered and prone to mood swings over minor issues.

5.  The paper loss that you have suffered now is more than you can stomach. The bottom line is you have to work for the next 10 years to recover the paper loss.

Question : Have you reached any of the tipping point above?

2 reasons why Shanghai composite is still selling down:

1. Chinese retail investors see something which we don't see. They see sinister hands propping up the markets, whether it is by the government or private corporations. Massive selloff in wallstreet, with the DJ dropping a whopping 1000 points when opened yesterday morning, before going up and closed with nearly 600 points down. So better sell now when the support is there... 5-8% drop is nothing compare to 15-20% drops.

2. It is only the late comers who are bleeding. It is still 30%+ over the 1-year period... most are still taking profits and will continue to do so when they are still in the green.