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Monday, March 05, 2007

I forgot my own rules

Slow in, fast out. That is one of my rules. When you have to run, you have to run really fast. The drop in equity was too fast for me to react. I lost 20% just for last week. All gains has been wipe out. Now, protecting capital is the number 1 thing in my mind. Rebound? Still no sign. I bet everyone is waiting to get out when it rebounds. Who will be the smarter one?

Money come, money go. But will we learn our lessons?

5 comments:

Anonymous said...

hehe I started buying you are running haha

Anonymous said...

Michael what type of an idiot are you? You laugh when people make losses? Happy is it see people lose money? ? Like to mock people.?

You are a useless person Michael, you should get lost from this blog.

Anonymous said...

The smart money have already sold at start of correction. PM asked us small retailers to buy so that govt funds like pnb, khazanah, epf, tabung haji can sell. We retailers have been suckers by our own govt.

Anonymous said...

gov't all over the world do the same thing! get money from their people - that's the greatet achievement of all who " goven"!

dummy said...

michael2005, what stocks have you bought, please? Thanks.