Market cycles are nothing more than past and future cycles of ....
Greed and Fear!
Love and Hate!
Cash is King. Cash is rotting!
Wu Lampar and Bo Lampar!
Read? DBS: Just 1.7% to 2007 Peak
DBS is Uncle8888's No 3.
His most hated one in 2008 now became his most beloved one. The only one in his portfolio to recover near 2007 peak stock price. The rest of them are far behind 2007 peak. Sianz!
Why DBS is his most hated one in 2008?
Pain!
Great pain in his ass!
In 2008, when every other day, he read bad news and prediction of Great Depression 2.0 coming. It could last more 10 years! His thought of Ah Boi and Ah Ger going to university in August 2009 getting him more worries.
Where is the money?
Simi Create Wealth in the Stock Market???
It is more like Destroy Wealth!!!
Shit!
His lampar shrunk!
Great pain in his ass became real!
His most hated one: DBS!
Why?
Round 17: ROC - 31.1%, 232 days, B $24.20 S $16.80
Round 16: ROC - 21.6%, 222 days, B $23.20 S $18.32
Round 15: ROC - 18.1%, 186 days, B $22.90 S $18.88
Round 14: ROC - 9.2%, 70 days, B $21.00 S $19.20
Round 13: ROC +9%, 65 days, B $20.50 S $22.50
Round 12: ROC +10.6%, 8 days, B $20.50 S $22.60
The highest purchase of $24.20 is $19.07 after adjusting for right issue. It has since recovered its losses too.
No 3 is currently loved by the Market. His hate in 2008 now became his beloved one in 2014.
No 1 is his smelly Oily man.
No 2 is his Power Less Generators dragged further down by its smelly oily brother.
One great investing lesson in 2009 in Mathematically term he has learned and must remember hard:
The size of one's lampar is directly proportionally to the size of one's War Chest when the market crashes!
"The size of one's lampar is directly proportionally to the size of one's War Chest when the market crashes"
ReplyDeleteso gross!
haha ....