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Community


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Online Share Trading

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When will this carnage stop?

Reply
Douw
Frequent Contributor
Yep, it is not nice to see your money disappearing from sight. One technique to take some of the heat off is by "short trading" with your own shares, using part of your portfolio. Sell them high and buy them back on the minor waves. For SOL, use R15 increments. That way I was able to reduce the break-even point from 47100 down to 41300. For the rest of it, I am riding it out no matter what.
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louisg
Super Contributor
HAIL TO THE KING. Arthur I'm with you. BUY when there's blood in the streets.... especially when it's your own. BUY QUALITY
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john_1
Super Contributor
It take a special kind of person not to look at the US's biggest insurer, a 130 year old company, a member of the DOW for ever and a day going down the tubes and not to question that stratergy,....DID you notice Buffet is not buying Finacials at this time..he is buying Resourse shares...
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louisg
Super Contributor
Which resources is Buffett buying? HARD or SOFT.
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louisg
Super Contributor
John are you suggesting we should SELL all our financial shares?
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john_1
Super Contributor
according to the Birkshire hathoway website..of the 53 listed companies held they sold all their holdings in 9 of them in the last 18 months..thats 16%... so If he never sells or times the market you might want to ask your hero why he does not practice what he preaches....never sell, always hold etc yaun yaun yaun...
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Not applicable
King Arthur. Bring your money and i WILL take it away. All you doing is repeating what you've read in some silly article written by some amateur. Bears are ready to take your money and tear you apart. Why dont you become a journalist... will suit you.
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louisg
Super Contributor
John who said that Buffett NEVER sells? That would be a silly strategy. BUY and HOLD does not mean you NEVER sell. Give me 20000c for each of my MTN shares today and I would gladly SELL them to you. Am I correct in assuming you DO NOT have a LONG TERM portfolio?
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mehroon
Frequent Contributor
If you are invested in good dividend payers, sit tight.
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louisg
Super Contributor
Agreed Mickey. As long as it forms part of your overall strategy.
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InvestKing
Occasional Contributor
What's the make up of your porfolio?
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Not applicable
I think i saw that Goldman expects 30% rise before year end, others estimates are all pretty high too, so as we are down over 40%, now is an perfect time to buy, the time we've all been waiting for, just IMO
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Not applicable
get used to a bear market for next 4 years all way down to zero! I would sell everything now!
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Not applicable
get used to a bear market for next 4 years all way down to zero! I would sell everything now!
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louisg
Super Contributor
Jayemark, I guess we will only hear from you again in Sept. 2012. What twaddle.
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louisg
Super Contributor
John you lost for words I notice..... or answers.
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Shaun_Siddall
Super Contributor
The year of tax refunds lol
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