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Originally Posted by jasonn
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Jasonn, Talking to Financial advisor or CFP is just one of the objective investment.
I know you are smart guy. I would use every single education you had since K-12 to graduate school to apply ALL the knowledge + tool you can on the market.
Quote:
Originally Posted by Razzy
Had a feeling this downtrend would occur. I'm down about 9% of my overall portfolio valuation...in the span of a week. I got hit hard.
The Canadian market is pretty shit in terms of diversity in industries and sectors. My portfolio primarily consists of basic materials like gold/silver and REIT's, with some oil sand stock thrown in.
No point in me selling off at this low so I will hold and ride it out. No choice. I don't need to pull out at a sub 10% loss. Hell no.
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I liquidated everything 2days ago, except AMD. (if you recall AMD for AMG) LOL. Glad that I saw this coming, but I still have SOME faith in AMD.
I am down -4% on AMD, and I am starting to see further downward trend.
Tomorrow will be the key day for me. Either I buy PUT to cover, or CALL for mid OCT AMD POP prior to earnings. Or I can straddle, and get rid of one each at near relative max/min point.
(my orig plan was to buy call)
I initially thought this is just the left shoulder. After looking at volume and running some crap again, it "MIGHT" be the head with short neckline.
WHO KNOWS....