not necessary mus keep cash on hand..you can park some money in strong support counter...do a quick analysis, and you will find some stock which has good strong support from boss/fund.
the company fundamental is good. It will go back up when the market is stable. Now, the whole asia market is going down, not the company problem. There is no point to sell and reenter again later, you will end up losing more money. Before you trade, you should have done risk management and the analysis. have faith on your decision. Besides, next month quarter result will be better than expected. so why panic sell?
Ya even the company fa is good but just dont waste ur money to suffer the capital loss now. Alway think of time costs. It can be worse later before signal come. Just dont against the trend. Hold the cash. Wait reversal then buy in. Still can collect cheaper
"To stay or to sell in anticipation of possible market downturns?
For those seeking major gains through long-term investments, the odds of winning are not the only consideration. If the investment is in a well-run company with sufficient financial strength, even the greatest bear market will not erase the value of holding. In contrast, time after time, truly unusual stocks have subsequent peaks many hundreds of percent above their previous peaks. Thus, risk/reward considerations favour long-term investment.
In the simplest mathematical terms, both the odds and the risk/reward considerations favour holding. There is a much greater chance of being wrong in estimating adverse short-term changes for a good stock than in projecting its strong, long-term price appreciation potential.
If you stay with the right stocks through even a major temporary market drop, you are at most going to be temporarily behind 40% of the former peak at the very worst point and will ultimately be ahead; whereas if you sell and don't buy back you will have missed long-term profits many times the short-term gains from having sold the stock in anticipation at a short-term reversal.
It is so difficult to time correctly the near-term price movements of an attractive stock that the profits made in the few instances when this stock is sold and subsequently replaced at significantly lower prices are dwarfed by the profits lost when the timing is wrong.
Many have sold too soon and have either never gotten back in or have postponed reinvestment too long to recapture the profits possible."- PHILIP FISHER;
selling plywood to US and Taiwan..they can take whatever you can produce. ...and every time, you read about natural disasters, this company laughs to the bank.
funny. In the 1993 superbull, Crossby Securities calls Aokam the biggest, best timber play in the world comparing it to world giants. ...and pushing the stock to the sky. Here is a genuinely good timber stock and nobody pushing.
RV wholesale shipments tracked by RVIA continued to perform strongly in the final quarter of 2015 with November monthly totals hitting their highest level in 10 years at 27,329 units, an increase of 3.9% above November 2014.
Year to date, total RV shipments grew to 346,221 units through November, an increase 4.9% over the same 11-month period in 2014. Shipments of all towable RVs grew 4.8% to 302,672 units while motorhome shipments improved by six percent to 43,539 units.
Seasonally adjusted shipments climbed to an annualized rate of more than 405,000 units in November, the second highest month in 2015.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
timing
726 posts
Posted by timing > 2016-01-21 15:02 | Report Abuse
market very bad now. all want cash on hand.