Hi OKK,

It is still the Pre Sales season, right ? Subsequently more sale offers at bigger discounts.

People are going to buy low and sell lower at this time ( holding power would be the final judge }

lol..ya lorrr  some good bargains in there rite nw, bt the problem is, dnt knw if we're heading for 1997! uh-oh..

I agree, 110%. People ( like me and you ) lost money in the past talk sense. But I presumed you make back a lot, right, OKK ?

dont catch the falling knife!!! wait until volume drops down..that is when the sell off is over

Hi Okk, CI now is going towards 1350pt as you predicted. Job well done.

OK....so now the support level of 1350 is breached...

OKK, here : http://www.bloomberg.com/markets/stocks/futures.html

Contradict to general taught, if market is down more sharply and quickly, the market has more potential to stage a return, the more dangerous trend is everyday down bit by bit which a lot of people will be trapped inside (we called it bull trap).

The 1929 sharpest drop in stock market histrory, although it is the worst, it did recover quite soon after that.

true o not  ??? if true i start queueing again la.....hehehehe

i onli got rm5k free cash on hand.. so dilemma to decide which counter should masuk now..

buy with momentum??? hahahahhaha...come on...time to buy for some......

as for me...i prefer to be greed when ppl fear hehehhe......time to sit back n relax again

today was best hk cw day i ever seen................but unlucky, i stop already......    

there is no perfect trading strategy. Be it bottom fishing, momentum buying etc.  Market situation or sentiments changes rapidly, we have to adapt to a variety of trading plans & execute them to what we believe through our experience.
Making money is vital in doing shares otherwise why invest in the first place.

That's why you need fundamental come into the play to have a proper guide.

For current scenario of market condition, I have to agree it is more like gambling at the moment. That's why most experienced investors or some investment advisory service/professional tells people to stay calm and stay sidelines watching how it unfold, before decide to go into the market especially for long term investors, you don't need to rush into the market. If the market is really a start of bear then it has long way to go. If it is just a temporally event then enter the market later on when market become stablise and charging higher again, it is still not too late.

Bottom fishing sometimes is a dangerous game to play. Just like although today all up significantly but if you had entered the market earlier 3-4 days rather than on Tuesday, you still not yet making any gain even though market is already up signficantly. Only those buy on late Monday and Tuesday are gaining now, but not all stocks! See how much Commerz is gaining today, 20 cents, barely cover the commission, if bought a bit earlier still not breakeven.

It seems very easy from math calculation.
But practically, it is hard to do it. Somemore, last Tuesday morning there plenty of sellings and market plunge. U wont dare to get into the market.
Surprise rate cut from FED is a unexpected bonus for us all (for those still holding including me). Else today will see many ppl draining their blood.

Practise like OKK, play when market is confirm uptrend. Now im oredi scared. Sleep not well. Too dangerous.
Next time will focus on big-cap counter. More stable than HSI-C1.

Seems like market is slowly going back down....good choice for not entering today