This website requires Javascript to function properly. Please go to the setting of your web browser and enable Javascript for this website.

I must be very wrong; I see BAC (which merged Merril Lyntch, CountryWide) will be above 20 in 1 year, 30 in 2 years, and 50 in 3 years; but you say it will be 0; and I still believe I am right on this;

samqyang(Kingkong)

let's talk 3 years later; either I am a millionare by that time if BAC = 50 or a new member of toronto homeless (if BAC = 0) ; just kidding;

(#103177@43)
Last Updated: 2009-9-1

Replies, comments and Discussions:

First time high alert warning; lock up your profit if possible and wait; sometime, wait empty loaded will pay back as well; (as of 1 Sep, 2009) -samqyang(Kingkong); 2009-9-1 {456} (#103116@43)
NYSE down with good news that already speak by itself; it's very possible this time the wolf is finally come; I have a bad feeling about it now; this and coming next few months will be tough to make money;

control your load will be the necessary method from now on;
afterall, market already up 6 months continuesly; rest for a while is no suprise to my opnion;

Please feel free to share your thought on the market;
thanks in advance;

Just my 2 cents, base on the chart and fact, I thinks for long term investors, wait for a few months to get lower entry point should not be a bad idea; -samqyang(Kingkong); 2009-9-1 {87} (#103117@43)
then, it will be a long bull, that may happen half a year later from now (1 Sep, 2009)
Be noted that just my own 2 cents, please react on your best interest and make your decision yourself; -samqyang(Kingkong); 2009-9-1 {186} (#103120@43)
good luck to each every of you; I would do at most half loaded from now on; and try most time empty; and going to switch my mode from bullish to bearish for a while; (1, Sep, 2009)
Do you still hold anything or already take profit? -yong(yang); 2009-9-1 (#103125@43)

still holding (1/3 of my portfolio) , but 2/3 cash; already take profit , but not as good as some of the Gurus on this forum; -samqyang(Kingkong); 2009-9-1 (#103158@43)

This time I agree with YONG. if you hold a stock, like Merrly Lynch or J.P Morgan forever. your balance will be ZERO. -allstar09(morningstar); 2009-9-1 (#103163@43)

why??? explained? -chu.ge(Tier 3:-)); 2009-9-1 (#103167@43)
can't agree with you; I am holding BAC now; and you say it will go to 0; sigh, just can't agree with you; -samqyang(Kingkong); 2009-9-1 {56} (#103171@43)
time will prove everything; talk to you 3 years later;

I didn't say BAC or any specific share. just an example if you bought Merrly long long time ago. if you don't take profit, and you balance will be zero if you bought a wrong stock. Holding forever is not always right for all stocks -allstar09(morningstar); 2009-9-1 (#103175@43)

oh, but Merril lyntch convert to BAC share at 1:0.89 and JPM (J.P Morgan); and I can't agree with you from long term investment standpoint; A 100 year once crsis must be a 100 year once opportunity ; I strongly believe this; -samqyang(Kingkong); 2009-9-1 {62} (#103183@43)
3 years later from now you will have to agree with me on this;

I must be very wrong; I see BAC (which merged Merril Lyntch, CountryWide) will be above 20 in 1 year, 30 in 2 years, and 50 in 3 years; but you say it will be 0; and I still believe I am right on this; -samqyang(Kingkong); 2009-9-1 {144} (#103177@43)
let's talk 3 years later; either I am a millionare by that time if BAC = 50 or a new member of toronto homeless (if BAC = 0) ; just kidding;

If BAC is a good stock. you are right definitely. but if it is another bad stock, what will be happened? if it reaches 50 someday why don't take your profit. -allstar09(morningstar); 2009-9-1 {218} (#103191@43)
if you don't take , the profit is just on the paper, after a night, maybe it is back to start. What I want to say is taking profit at right time is better than holding forever because the rule of market is up and down

agreed, I am always twiddling between greedy and fear; I knew BAC will go 50 someday, but don't know how low it may go before it finally up; -samqyang(Kingkong); 2009-9-1 {441} (#103273@43)
and I am no good on short term trading as well; just afraid miss the train again;
I bought C and BAC at the around same time; when C is 1.08 , I am in and out at 1.48 days later; and never dare to in C again;

luckly, I didn't sold my BAC; I probably have to hold it, just believe it too cheap to be a almost #1 bank in this world both has Commercial banking and investment banking power;
thanks for the advice though;

don't get me wrong; I didn't worry US stock index in next few years, but I am not so confident right now in next few months; let wait any see; will keep posted on the fact that market towards; -samqyang(Kingkong); 2009-9-1 (#103187@43)
my bad feeling just on below fact I saw; today is the first time in last few months that you saw everything down at the same pace; e.g. oil, commdity, finance, real-estate; -samqyang(Kingkong); 2009-9-1 {596} (#103214@43)
usually, if finance section is down, the oil and commdity will up take over, then when they are down too, real-estate section will take over and up;

you see it's like waves (or tide) cover over each other up;
but today, I saw all of them down with good news at same pace;

I always try to operate on the fact but not my own feeling, it's just the fact alerts me;
too, to avoid any bricks, this is just my own 2 cents;

and please openly share your thought, in stock market, nobody can always absolute right; feel free to comment and please act on your own judgement;
did nothing today after clear out 2/3 of my portfolio yesterday; just didn't feel good to do anything; (just my own feeling, wish you all good luck) -samqyang(Kingkong); 2009-9-2 {71} (#103454@43)
I probably just out idle and wait and see what is going to happen next;
looks like the market should have a rebounce today; seems wall street MM and US gov still trying to push NYSE high use whatever means; watching; you can take this short term chance if you are a tide suffer; -samqyang(Kingkong); 2009-9-3 {45} (#103490@43)
plus, China SHSE bounce back 4.79% in a day;
own 2 cents; still thinking there should be pretty serious pull back though so far didn't see it reflected on the market yet; though in next few years (very long term) I am very bullish on US market; -samqyang(Kingkong); 2009-9-5 {113} (#103947@43)
so far, still 2/3 cash, 1/3 on BAC, ING, BA (for long term holding); + small amount of ETFC for gambling game;

Thanks for sharing. If every money manager on TV is expecting a big pull back, the odds are you do not get one. -ffree(aleverage); 2009-9-5 {822} (#103948@43)
If we have to listen to the leader, Goldman Sachs (This is the one who runs the universe, isn't it?) announced the recession is over right here and the US will resume growth in third quarter, the chances are it would be too late to buy if we wait until the third quarter results come out. You rarely talk about your hedge position. So, how do you profit if you expect a big pull back? For me, I trade big names. For example, Suncor is trading in a tight range between $31 and $37 (Oil between $65 and $75), I short Suncor at $37 level and start buying back around $31. Also buying C and BAC seem to be a no brainer since our newly mint stock market God, John Paulson, owns both of them. Any way, 2/3 of the portfolio in cash seems overdone to me. I actually added some positions during this dip but also using some hedge.

I hope you are right; but usually GS prediction sucks; they see oil to 200 when it is 150 and to 20 when it's 30; -samqyang(Kingkong); 2009-9-6 {84} (#103956@43)
in very short term, 4 to 6 weeks, I just didn't that optimistic; let wait and see;

IF US$ is keep getting weak, the US stock market may has to go up sharply; -samqyang(Kingkong); 2009-9-8 {237} (#103980@43)
taking consideration that so many countries print so much money (sorry, they all call it stumlus plan) ; then the serious pull-back may hardly happen;

<DISCLAIM: just own opinion, please act on your best interest and judgement>

I must be very wrong; I see BAC (which merged Merril Lyntch, CountryWide) will be above 20 in 1 year, 30 in 2 years, and 50 in 3 years; but you say it will be 0; and I still believe I am right on this;

Replies, comments and Discussions:

More Topics