should be relisted today, page-20

Laepzig,

In response to your comments:

"Why should I sell my current holdings (average buy in $1.00) if my objective is to average down if an opportunity permits itself such as todays negative sentiment."

Your objective shouldn't be to average down. This is worse case scenario! It should be to buy the share at the lowest price and hope it goes up. If you truly believe the SP is going to fall, you can sell one share at $1 and buy 3 new ones at 50c (two from the original dollar and one with the spare 50c you have on hand). You can then hold 3 shares each worth 50c. If you hold onto you $1 share when you believe the SP is going to fall and then buy one share at 50c with your spare money, you will have two shares with an average price of 75c. Clearly you can see this is worse.

You should only hold a stock if you think its going to increase in value. To 'hope it goes down' when you are holding is just silly.

You should read a few books on behavior finance to realise your trading methodology is irrational whether you make money or not.

And as far as Marc Faber goes, he obviously needs an excuse when his investments go down. If his comments help him sleep at night then good for him but in my eyes, a SP that goes down is a bad thing!