My Trading Adventure

Sell down ... sell in May and go away?

CP TEH
Publish date: Mon, 04 Jun 2012, 08:15 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Brace ourselves for some selldown this week as the fear escalated.

Decision : Cut-loss or prepare to hold  ... and average down when the stocks diving and reversal seen. It is a tough decisions, tho.

We experienced that in August 2011 ... and glad that I sold most of my holdings back then, getting excited in Sept 2011 ... today, we are still very much HIGHER than Sept 2011. You look at me, I look at you ... we are asking each other. What's next?

I do see this as an opportunities to buy into HKSE's stocks which trading much cheaper than those in KLSE. So, I will take profits or cut-loss many of my stocks in KLSE to move more into HKSE. Also, I need to prepare to LEARN about how to short FKLI. I have been procrastinating about that ... but this week will be a good week for me to do that since I am 'free'.

Those who have been patient might be glad ... to see if the dive is here. Could it be as bad as Sept 2011? We shall check together.

Some stocks are trading at Sept 2011 level, some lower than that ... and some going back to 2008 levels. Do buy good dividends stocks as even we are stucked, we will be paid dividends and could safely to buy more at lower levels.

You decide. Be happy ... even when market is down.

TEH

p/s : I am wearing RED, of coz. Easier to get it right today? hehe
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Discussions
2 people like this. Showing 1 of 1 comments

lotsofmoney

buy in June/July 2012.

2012-06-04 12:25

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