Oh... it will all soon blossom ...
posted on
Jul 13, 2011 12:21AM
1.4 billion tonnes of coal need I say more? If so keep on reading.
Overall, there's not much liquidity. The PCY stock look to be in a rut right now but our NKL shares we received for owning PCY zoomed up today.. bigtime! Most private investors are focused on the long-term picture. From that perspective, market falls could be viewed as an ideal opportunity to buy...because, eventually -as history shows- markets will recover. Lutts sheds an optimistic light, illuminating that opportunity: But amid all these worries and concerns lie opportunities, Lutts said -- adding that stocks are "extraordinarily inexpensive." However, trading could remain choppy as earnings season gets into full swing. White argues that the best strategy is to "drip feed" into the market -- buying shares on a regular basis. This strategy involves buying extra shares at a lower price to bring down the average price of your purchase. It means that the shares have to recover less ground to be back in profit. Above all, the best strategy is to avoid panicking and reacting too emotionally too quickly off the initial market-drop-freak-out. Think it through, strategize, look at market trends, and then decide what is best for your portfolio. Oh yes.... EodWay put a gun to my head way back and said; "You buy RVC as they have a great gold find in B.C. Canada". So I did and now own now lots of NGD at $10.00 and it will be growing soon to $20.00 a share as they keep enlarging the deposit with monstrous new finds through their drilling reports from my original purchasing average of $2.00. What a Great Guy our EodWay eh? Guy walks on Water. So listen up; LIFE is Real: LIFE is Earned and the grave is not our GOAL because we all own shares in PCY. All together now..We'll start with a Goal of $5.00 until are next rally. Remember... PCY investor who leaps off Cliff jumps to conclusion. Ahhhhh Sooooo
In unstable times, it is difficult to make the right decision all the time.
Should you sell, buy, or hold?
Drastic dips in the market can happen quickly, so you also want to respond quickly to avoid loss. But a hasty sell may not always be the best answer.
According to Gary White, financial writer with The Telegraph, there is good reason not to sell right now; unless forced to.
When the shares start to suffer losses, he suggests "averaging down":
As far as new investments go falls allows you to purchase what are fundamentally sound investments at a bargain price.