Coming correction because of selling - Part 2 (18 June 2009)

Posted 18 June 2009 - 11:05 AM18th June 2009:
Apparently the analysis was spot-on and unfortunately a bit earlier than expected for some. For those who were able to read my report above earlier, thank you for your Thanks. The past 3 days, there was large downward movements across the world. 

Right now for those we were caught unaware, a possible strategy is to do the age-old averaging out or averaging down - buying the same stocks to average your price downwards. If you followed most of my suggestions, mainly I have been advocating digestible priced stocks - 20 cents, 50 cents, 1 dollar. Such as Biosensors, ChinaEnergy, ChinaOilField, so slightly bigger SMRT, Singpost, Starhub. So there's a reason for this is uncertain times. Therefore, right now you can see that purpose. It gives you a chance to leverage down, averaging down with a smaller priced stock. If you bought SIA or some other big stocks, it will be hard to average down since the inherent risk is getting greater while several folds of cash needs to be pumped in to move your portfolio's price down. 

Comments, suggestions, thanks welcome. Try to keep posting in the forum so others could read and share too. Two heads are better than one. You could still send me personal messages.