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US Economic News
11-10-2018, 12:00 PM.
Post: #221
RE: US Economic News
(11-10-2018, 09:19 AM)opmi Wrote:
(11-10-2018, 08:20 AM)BlueKelah Wrote: [Image: 9076df50e72deb8c4a1ab48d36c9ad59.jpg]
pretty bad sell down last night on american markets. Black Wednesday??

Wa...so early in the morning bring out Ding Xie already...hahahaha,,

At least put a smile on ur face right?

Most of the vb here should be rejoicing bro Smile STI goin back down below 3000 soon, time to bring out the elephant guns again..kekeke...
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com

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11-10-2018, 03:28 PM. (This post was last modified: 11-10-2018, 03:56 PM by AQ..)
Post: #222
RE: US Economic News
(11-10-2018, 12:00 PM)BlueKelah Wrote: Most of the vb here should be rejoicing bro Smile STI goin back down below 3000 soon, time to bring out the elephant guns again..kekeke...

Just spent the last 6 hrs buying every 30min... Tongue

Just goes to show (again and again) that when in Asia, there's no real need to take idiosyncratic risks on single names during normal times - just spray into a huge basket during times of systemic fears.

Happy hunting folks!

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11-10-2018, 10:15 PM. (This post was last modified: 11-10-2018, 10:16 PM by Wildreamz.)
Post: #223
RE: US Economic News
The long term reward is much better, and funner to me, to pick and hold long-term winners and tell people: "I told you so" 5-10 years from now. Smile 

The stock I sold in a moment of weakness was Tencent. I'm still a believer long term, but they are going through some tough times due to regulation, and competition from Bytedance. Which makes their valuation too high, even after a 40% correction from the peak.

I guess they should blame themselves for not putting the well-being of their customers first (game addiction among some young gamers). And I should blame myself for not seeing this coming earlier. 

Locked in some profits, but a far cry from if I sold at the peak, haha.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger

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