I want to record the historical event here so that I can refer:
Starting from Oct, 2008, right after the 700B bailout got approved by the house for the 2nd time, the market tumbled. Within 5 days, market went on free fall. It dropped more than 16% in a roll.
The economic all sudden stopped running. The credit crisis starts with nobody (banks) wanted to lend with each other. I was adding long positions like crazy. Now I am all underwater.
Wednesday, October 8, 2008
Friday, October 3, 2008
FEED
Friday, market went up 300 pts then nosed down to -150. All Ren's holdings are underwater.
Michelle was just panic and peeled to her pants. She wanted to sell everything, especially FEED. She thinks FEED would not be able to get back to buying level for very long time. She suggested to sell and change to something else such as MOS, FRO.
MOS -- $40.8
FRO -- $42
Michelle was just panic and peeled to her pants. She wanted to sell everything, especially FEED. She thinks FEED would not be able to get back to buying level for very long time. She suggested to sell and change to something else such as MOS, FRO.
MOS -- $40.8
FRO -- $42
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