Market Correction
Today i saw the market slide by nearly 2% and the UOB sesdaq drop by over %7. The funny thing about human psychology is that i haven’t cut my losses and have been riding the avalanche down.
I hope that tmr it will rebounce because if it does not, i will liquidate my positions and officially take an overall loss over the 4 months i have been trading.
It’s a worthy experience to feel this feeling and to think that i am always so suay during this period of time. When my Banjoo managed to breakout today, the market just had to correct after i have averaged up.
I am sitting on huge losses from CSC as well. We will see how it goes tmr.
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Other Posts
- Eagle 001
- Genting International 002
- Gems TV 001 and Eagle 002
- CitiBank Market Update – 29/9/2008
- Pennies in Play
- Genting 004 and Yongnam 001
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