Glad to hear it. During past corrections, I just got sick of all the negativity, and ignored the market for 3 months, after that it was usually back to normal.
This time, in my infinite wisdom, I geared up after the market dropped the first 20-25%. Around May. Sadly, I was about 5 months too early - so far.
Due to the structure of my arrangements, a margin call is still a long way off, but it is still a possibility, so I don't feel I can just ignore the market. Very annoying, and I'm trying to sell down holdings wherever possible now - in other words, whenever a parcel gets to breakeven, I'm out. Haven't had too many opportunities yet.
For me, it's vital that I avoid the forced sales, because that is what causes annihilation. If I get through this, it'll all come back, good as gold, but if you're forced to sell at the bottom, you're screwed, big time.
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$6.07 |
Change
0.020(0.33%) |
Mkt cap ! $5.673B |
Open | High | Low | Value | Volume |
$6.08 | $6.09 | $6.02 | $35.62M | 5.828M |
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
$6.07 | 30108 | 3 |
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1 | 4983 | 6.010 |
9 | 11344 | 6.000 |
1 | 2000 | 5.990 |
2 | 251 | 5.980 |
Price($) | Vol. | No. |
---|---|---|
6.080 | 4607 | 2 |
6.090 | 1506 | 2 |
6.100 | 4240 | 2 |
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