tag:blogger.com,1999:blog-18183714.post2580385284274443016..comments2024-03-08T20:25:35.963+08:00Comments on Malaysia-Finance Blogspot: SalvadorDalihttp://www.blogger.com/profile/06868577716920232901noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-18183714.post-63881363335362756892008-01-15T23:51:00.000+08:002008-01-15T23:51:00.000+08:00u must ask yrself, what were the reasons u bought ...u must ask yrself, what were the reasons u bought the stock for, and why did it go down 40% when the mkt is at an all time high ... did the stock go higher but u didnt take profit... if so, it looks like the fundamentals still intact, or the catalysts still coming, or have the catalysts passed (like Petrochina), or are the macro not looking so good... then u should arrive at the conclusion yrself whether to cut or not<BR/><BR/>if i bot a stock at 10.00 and it went to 6.00, cutting it might be good till the sentiment recovers ... sure after u cut, the stock may go to 4.00 but then rebound swiftly to 7.00... to re enter at 7.00 is not a bad thing cos u r buying when the outlook and sentiment favours yr stock... so cutting at 6.00 is a good thing, even buying later at 7.00 is also a good thing, no point holding when things look bad short termSalvadorDalihttps://www.blogger.com/profile/06868577716920232901noreply@blogger.comtag:blogger.com,1999:blog-18183714.post-16035779592364642772008-01-15T23:40:00.000+08:002008-01-15T23:40:00.000+08:00Thank You Dali for the prompt response. Yes, you a...Thank You Dali for the prompt response. <BR/><BR/>Yes, you are right to say that you do indeed explain your calls with easy to understand underlying. Pardon me if I mis-quoted some of issues raised.<BR/><BR/>You are warning of a stormy ride ahead. What about those who bought stocks at last year peak? Should they sell it too at current level in view of the worsen outlook? I reviewed my portfolio and is in real bad shape with one down a staggering 40%. What do you recommend?<BR/><BR/>Thank Youbantersyhttps://www.blogger.com/profile/11951996770209899435noreply@blogger.com