Question: This sounds insane. st index has been sliding down from 2,933 point (8th jan 2010) till 2,689 (5th feb 2010)?

(Posted by: nyc3650 on 2010-02-04 17:38:44)

From the effect of DJIA constantly dropping over 200 point several times in overnight. How it may effect you or what's your decision? a few example guide here 1. Drink you favourite coffee in a cosy cafe that cost you USD0.40 or drink your same favourite coffee in a famous cafe which cost you USD4? 2. Buy your favorite comfortable long sleeves that cost you USD5 or branded comfortable long sleeves that cost you USD88 bucks? 3. Let your cash sleep in the chest box or let some finance investment firm telling you that they can grow your money with them? Or do some short selling in the stocks you're currently holding to get out before it's too late?

Posted by: ronwizfr on 2010-02-05, 02:14:27

Drops like this happened all the time the last two years. Stick to your system and buy on the dips with money that you don't need to buy next day's coffee.