BURNT BY STOCKS : STUDENT LOST $700,000 IN 3 MONTHS

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#23
(20-01-2011, 07:05 PM)wj888 Wrote: after this crisis... you still intend to hold all the good companies all the way down the bear?

It is just my view that we are still in a bull market. With loose monetary policy, both QE2 from the West as well as a low interest environment here, assets such as property and equity can only continue to inflate.

However, governments will continue to weigh down on property market to prevent run away prices. They are not likely to touch equity market, and thus equity will continue to be chased up. Those money that were supposed to go into properties, but have decided not too due to the recent cooling measures, could be channeled into the equity market.

Then again, we believe what we want to believe. And I must admit I am bad in market timing, more often wrong than right.

Thus, I would stay invested as a part business owner of those companies, though I might take some profit along the way.

Unless a euphoria sets in, then I might cash out and wait. By the way, there are more and more people, some stationed as far as in China, dropping me emails or SMS asking me what stock to buy. Signs of beginning of a euphoria?
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RE: BURNT BY STOCKS : STUDENT LOST $700,000 IN 3 MONTHS - by gutman - 21-01-2011, 10:32 AM

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