and do you feel you made the right move?
2007-11-08 09:07:14 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
I held and will sell when my sell rules say to. Picked up some high quality stocks today when they were throwing the baby out with the bath water. You will loose in the market if you do not have a system to buy and sell by.
2007-11-08 09:47:51 · answer #1 · answered by trader 4 · 1⤊ 0⤋
Well, it wasn't all that much of a sell-off -- S&P 500 was only down 0.06%. Worse of course if you were deeply invested in small/tech/Nasdaq things.
I didn't sell a thing but was tempted to sell my SGP (+4.12% today) or a little bunch of CAR I have (+7.7%). Even more tempted to buy AIG which is undervalued and will make somebody money in the long-term. Perhaps tomorrow...
2007-11-08 11:28:45 · answer #2 · answered by enoriverbend 6 · 0⤊ 0⤋
First, I have trained myself not to sell when there is a panic and not to buy when there is a big rise. So far, I have succeeded substantially.
Second, todate I have not succeeded in doing the opposites in buying when panic and selling when rising.
2007-11-08 09:56:28 · answer #3 · answered by labare 2 · 1⤊ 0⤋
I didn't need to sell anything to day I would hate to sell when yesterday was down.
2007-11-08 09:11:35 · answer #4 · answered by shipwreck 7 · 1⤊ 0⤋
Yes... i bought some tech and some retail. I think there are good buying opportunities out there right now.
2007-11-08 09:11:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Not me. Its stupid to panic sell.
2007-11-08 09:43:15 · answer #6 · answered by npk 7 · 0⤊ 0⤋
I bought today - financials!
2007-11-08 10:59:43 · answer #7 · answered by voluntarheel 5 · 0⤊ 0⤋
not me
can you answer my question please i need some advice
http://answers.yahoo.com/question/index;_ylt=Am0B0NC0c_2Xq4mR_qWZnI_sy6IX;_ylv=3?qid=20071108134915AAj9N4p
2007-11-08 09:12:11 · answer #8 · answered by ♫ღ♥Samantha B™ 6 · 0⤊ 0⤋