QUOTE(cherroy @ Mar 10 2009, 11:10 AM)
Become a Ostrich then, putting the head into the sand, then safe liao.
Actually it is good time to "learn" the patient and as a control your emotion lesson. Once you get through it, you are actuallly helping yourself which you will able to make more wise decision in the future.
It is a valuable experience that something can't be taught or told simply.
Just my 2 cents.
QUOTE(chyaw @ Mar 10 2009, 11:39 AM)
I don't think aurora mean that. My investment strategy is buy when you think the stocks undervalue (doesn't mean at the lowest price, since I don't know how to predict it). Then I'll sell them when I think the stock is overvalue. Of course, my method can only works for long term investment. Not the best method, but it is a method that I'm comfortable with. Looking at stock price the whole day will destroy my "periuk nasi" (unless I decide to retire now or I'm as good as some of you guys in stocks).
Thats some fair comments on both ends of the aisle...
Cherroy
If ur comments are directed at me, obviously i have no regrets with what I have purchased. If i have any doubts at all, It's no different than throwing my monies into the deep blue sea and hoping for returns.
I have held shares for upwards of 7 mths before I see any return, this was the only time I was lucky enough to enjoy in excess of 100% return from a single stock. needless to say only sector to enjoy such overwhelming and steady return was in fact plantation stock.
I may speculate, but i speculate whereas the price i personally myself consider as being low/undervalued.
Will the performance of a counter within one day affect my judgment i doubt it, I might even consider ploughing in more money to avg down should I have the opportunity to do so.