
You are right.  Many people lost fortunes trying to average down the prices.and most people are poor (lousy) traders. Averaging is only recommended if you have already prepared for it, that means put aside the relevant funds for this action (averaging).  So when the market recovers a bit, you can get out without too much losses and maybe a bit of profits.  Those who are not familiar or not financially strong should not think of averaging down.  Just wait out for the next round for prices to come back though it usually takes a long time.
iPunter ( Date: 01-Jun-2012 09:31) Posted:
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If only things are that simple, no one will lose money playing stocks... lol...  

Bopanha ( Date: 01-Jun-2012 09:33) Posted:
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In dealing with the stock markets, one has to be both a bear and a bull.  When the market shows bearishness, think about it going to be bullish.  And when the market shows bullishness, think about it going to be bearish. 
You didn't get the point.
    Many would have been financially destroyed, or committed suicide, by
          keeping on averaging down in a prolonged downtrend. Humans want to
              break-even faster, hence they may keep on averaging down to the point of no return .
                      Never underestimate the power of the stock market...

Bopanha ( Date: 01-Jun-2012 09:25) Posted:
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Resting lah, or wounded but not dead. Cannot say pok because unless they " overtrade" and use margin.  So long they bought and kept the shares, and so long the company is on-going in business, they will return one day.  Lol..
iPunter ( Date: 01-Jun-2012 09:12) Posted:
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Many have already died , or " pok!" while doing just that...  

Bopanha ( Date: 01-Jun-2012 09:01) Posted:
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Genting is a buy whether at $1.490 or 1.500.  Don't miss the chance to have it at its lowest.  But trade within our means.
What the future holds is more important.  Economics are unreasonable science until proved its theories are working.  We know our market is flushed with so much cash, clean or dirty money alike, thanks to too much immigration through jobs and foreign opportunity seekers. So my take is buy buy buy when others are shorting shorting shorting.
Agreed... 
go in with two eyes wide open.... stick to cut loss ...
iPunter ( Date: 01-Jun-2012 08:43) Posted:
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Many of those who lost heavily also saw value before they lost... lol... 

 
wah... you are really bearish... so u converted all your assets to ultra safe ultra low interest bonds already?
sell off all your properties already? sell off your car already?
 
my take.. assets have revalued quite a fair bit in the last two months.. so can pick value now...
will it be the lowest? i don't know...  but i am beginning to see VALUE...
risktaker ( Date: 01-Jun-2012 07:52) Posted:
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Genting is a gem .... We all know casino is the best money maker in the world .... But earnings cannot substain in this economy situation.... Don't always think about theres alot of rich people think about when stock market crash.... Rich people got margin call.... Force to sell houses ..... The chain effects is huge....... Remember super rich won't go casino........ Rich people = 10- 100million net worth.
Things have changed and the moment is here for u guys to decide. If successfully bet in the right side.... It will create a small wealth for u in stock market. ...... Property market are cooling off...... So who's not buying and who's selling now ?
Things have changed and the moment is here for u guys to decide. If successfully bet in the right side.... It will create a small wealth for u in stock market. ...... Property market are cooling off...... So who's not buying and who's selling now ?
porky88 ( Date: 01-Jun-2012 00:24) Posted:
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After Cosco strong bounce.... Genting will be the next counter to bounce up strongly.... $2 is my TP....
never go MBS before... go RWS is for the malaysia food street...
i agree 1.5 maybe not be best price.. 
looking for a short term rebound that's all...
risktaker ( Date: 31-May-2012 21:59) Posted:
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Go visit Genting then MBS and I am pretty sure u can tell the difference....... Singapore market has fully grown....... If economy is not doing well...... Even casino will not do well....... 1.20........ Will have a good support.....
porky88 ( Date: 31-May-2012 16:47) Posted:
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donno never mind... can make money best
asymmetric gains?
very chim...
porky88 ( Date: 31-May-2012 16:02) Posted:
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just long at 1.5... asymmetric gains...
hope i don't go east coast beach ... look far far
Now I see Genting green UP.... hmmm....
Queue sometimes disappear suddenly....
 
Bopanha ( Date: 31-May-2012 13:33) Posted:
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