It has been such a volatile week. The market has sunk so much in 1 week. It certainly is alarming for those who are holding stocks. For many this may be the worst of time. What should they do with their stocks?
On the other hand, this may be the best of time for some investors. It maybe the better time to pick up bargains in those good stocks one is eyeing for so long.
Some are waiting for the capitulation to pick up stocks. Above all, do not be the one who capitulates.
Who can predict the bottom? I can't. It is just a gut feeling that the bottom maybe near. Also the dogmatic conviction that the market is still the place to park some of my investment, however fearful it may seem at present. This soon will pass too.
Ref:
Stock Sale Considerations (Part 2 of 5)
WHY ARE YOU CONSIDERING A SALE?
The Bad News that creates a Buying Situation - Stock Market Corrections and Panics
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Saturday, 11 October 2008
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