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Old 19.08.2011, 09:58
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Swiss stocks accelerated their fall in morning trade, with the index plunging over four percent to below 5,000 points.

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Old 19.08.2011, 10:56
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Re: Swiss stocks plunge over 4%

Right now (11 am) they have recovered a good portion of that loss.
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Old 19.08.2011, 11:09
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Re: Swiss stocks plunge over 4%

PLUNGE! 4%! We're all going to die!!!!
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Old 19.08.2011, 11:10
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Re: Swiss stocks plunge over 4%

I feel a little sea sick.
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Old 19.08.2011, 11:12
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Re: Swiss stocks plunge over 4%

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I feel a little sea sick.
Sold all my equities in April 2010 at a reasonable profit - decided I did not have the strong enough stomach to watch the roller coaster that I foresaw.
At first I thought I had made a mistake as things continued to rise but now the current price is well below what I had sold at.
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Old 19.08.2011, 11:15
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Re: Swiss stocks plunge over 4%

and they're still higher than they were at the lowest point last week.
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Old 19.08.2011, 11:18
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Re: Swiss stocks plunge over 4%

Reported for spam
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Old 19.08.2011, 11:51
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Re: Swiss stocks plunge over 4%

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Reported for spam
Looks like someone else followed my red-blobbing initiative as well.
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Old 19.08.2011, 12:04
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Re: Swiss stocks plunge over 4%

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Sold all my equities in April 2010 at a reasonable profit - decided I did not have the strong enough stomach to watch the roller coaster that I foresaw.
At first I thought I had made a mistake as things continued to rise but now the current price is well below what I had sold at.
You need a strong stomach to hold equities, however you can profit from other peoples pain. I like a sell off's as it shakes out the sellers & I can buy for less. It's just a matter of how you handle emotions.
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Old 19.08.2011, 13:41
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Re: Swiss stocks plunge over 4%

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You need a strong stomach to hold equities, however you can profit from other peoples pain. I like a sell off's as it shakes out the sellers & I can buy for less. It's just a matter of how you handle emotions.
When I have a good feeling that equities have reached good value levels I will come back in.

I also sold all equities in 2008 & came back in on lower prices in 2009. I did OK but I should have waited longer before I came back; bought ever more in 2009 as the prices decline continued so the average purchase price was actually not bad at the end.
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Old 19.08.2011, 16:08
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Re: Swiss stocks plunge over 4%

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When I have a good feeling that equities have reached good value levels I will come back in.

I also sold all equities in 2008 & came back in on lower prices in 2009. I did OK but I should have waited longer before I came back; bought ever more in 2009 as the prices decline continued so the average purchase price was actually not bad at the end.
You will never buy at the bottom in any case, I always aim to sell before the top any stock I don't want to hold for ever.
I did have 1 trade that got cancelled during the chaos of the Flash Crash, had it gone through I would have cleared $ 40,000,000. I sold 400 shares @$100,000 the going rate was about 33! Such is life but it's why I enjoy volatility.
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Old 19.08.2011, 16:14
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Re: Swiss stocks plunge over 4%

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You will never buy at the bottom in any case, I always aim to sell before the top any stock I don't want to hold for ever.
I did have 1 trade that got cancelled during the chaos of the Flash Crash, had it gone through I would have cleared $ 40,000,000. I sold 400 shares @$100,000 the going rate was about 33! Such is life but it's why I enjoy volatility.
got to be more fun than winning the euromillions :P
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Old 19.08.2011, 16:29
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Re: Swiss stocks plunge over 4%

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got to be more fun than winning the euromillions :P
Proctor & Gamble along with several hundred other stocks were trading for 1c. I just logged on after dinner & made some trades!
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Old 19.08.2011, 16:39
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Re: Swiss stocks plunge over 4%

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Swiss stocks accelerated their fall in morning trade, with the index plunging over four percent to below 5,000 points.

Read the full article: Swiss stocks plunge over 4%
Well they have recovered about 3% of the loss, The US indexes's are up, I just love the fun of it all!
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Old 19.08.2011, 16:44
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Re: Swiss stocks plunge over 4%

The Local's an absolute gem down the Rappi, as soon as he gets online he turns into a troll. Red rep on its way.
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