Is it just a correction or reversal??? Time will tell. At the moment, i have to take cautious stand in investing. Market looks no good at this moment. Not all people unhappy with this situation especially to contrarion investor who like to accumulate during weaknesses.So, what's your position?? Buying more or protect your capital?? It's difficult situation to small time investor. Experience in trading will give you some points to decide either to stay or opt out.
What about my shares?? Let analyse.
CMSB - still in downtrend. Ha..ha.. myself to blame for not discipline. Now, price down to 2.27.So looong investor to be even. No recovery insight.
WTK - also bad. Now closed at 1.78. Tooo late to cut loss Same thing myself to blame. Not discipline. Cut loss????
SEAL - also down. Now at 0.55. Is it good to average down ??? Time will tell.
IRIS - bear market will push the price lower. Maybe cut loss.
UPDATE 3.30PM
Its look like the market rebound today. See what happen tomorrow. Either real recovery or just one day affair. Just to fish small player to eat the bait then we stuck in fish
IRIS - clear at 19 cent. (loss)
WTK - clear at 1.84 (LOSS)
SEAL - clear all at 56.5 cent (LOSS)
CMSB - small rebound (? short)
Nagamas : i bought yesterday - recover. Not sell today. Keep it.
Buy 10000 Harbour : 1.04. Still in selling mode. Hope rebound tomorrow.
My personal experience, trading in high volality market need a lot of mental strenght to control the emotion.
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