No fear, but why throw away money if you know it's going lower?

回答: Too early. Wait until nobody is talkning about bottommm482008-11-19 14:56:24

5K or 6K will not stop it from my view point.

Opportunity is ahead of us, but don't jump in too early. You may still lose big even after the market dropped by 50%, because it can drop another 50%.

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If you trade and not hold, yes, you may throw away money -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (891 bytes) () 11/19/2008 postreply 15:25:24

trading is much safer in this market -mm48- 给 mm48 发送悄悄话 (393 bytes) () 11/19/2008 postreply 15:30:38

I want to find 2 or 3 banks that will survive -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (281 bytes) () 11/19/2008 postreply 15:37:28

C may go bankrupt -biglovee- 给 biglovee 发送悄悄话 (0 bytes) () 11/19/2008 postreply 15:52:37

May or may not, C is so cheap, just buy some, a small portion -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 11/19/2008 postreply 15:56:15

all of them can go bankcrupt -mm48- 给 mm48 发送悄悄话 (336 bytes) () 11/19/2008 postreply 15:58:01

I am afraid you may not make any money thinking this way -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (312 bytes) () 11/19/2008 postreply 16:01:18

Then you need to adjust your calculations for risks. -biglovee- 给 biglovee 发送悄悄话 (149 bytes) () 11/19/2008 postreply 16:13:06

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