Tuesday, October 21, 2008

Sell on Rebound!

Why didn't you sell on rebound? The devils in Wall Street are always telling you to buy on rebound and sell when the sky is falling. You need not listen but sometimes, when you are losing more than 50%, it's difficult to realise the loss by selling! However, it's still better for you to keep the remainder then to lose all of it!

Sell on rebound and if you can't, make a painful decision whether to sell by realizing your losses. Take back the little cash left behind and hopefully you may get a little interest on the small pieces. Why? You will have a hard time ahead.

You have done nothing wrong. It's just the devils in Wall Street and their friends have sucked out all your blood and hard-earned money. If you want to get back what you have lost, go after the devils and their friends! Ask yourself:

Who predicted oil would go up to $200?
Who predicted the Hong Kong Stock Casino would go up to 40,000 pts?
Who told you to bet on the China A stock market when the index was already 6000 pts?
Who told you to invest in Chinese property stocks?
Who told you to speculate by longing Australian dollars?
Who told you to buy the crazy "accumulator"? (Someone tried this on me but was kicked out within a second).
Who was the guy that told you to buy the stocks of the Hong Kong Stock Exchange at above HKD155 a share? Who told you that it was a good buy for the local government?

Look, the devils and their friends are everywhere and the only way you can save yourself is to shed everything off and say goodbye to these devils. There is no way for you to win over these devils! God has long forsaken you and is doing nothing above there!

I hate to see anyone still looking to buy HSBC or Hong Kong stock exchange at his/her low price. There is no bottom to these stocks and if you still want to buy, you shouldn't wait. Just go and buy it! Let the devils have a good early bite as that may hopefully fill up their bellies for a while and save other stupid followers.

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