| I think you need to pick your stocks, what your willing to pay and place them low ball offers....after all, thats what investing is all about. Hopefully in ten years we can look back at this time as a great opportunity, and not a great disaster. IF recovery happens, we should see good ROI's from current and soon to be possible lower levels.......so.....pick the stocks you wish to own and figure out what you are willing to pay for each share....you either get the stock or you dont....this much I know...the last two years has been a major blood bath for me......at this point I'd rather continue to own jdsu and buy more at this level then sell now.....I mean, If I have held on this long, I suppose I am willing to take my chances and go down with the ship, if thats what happens....but If I didnt sell at higher levels, I wont sell at 52 week lows, even if the lows get lower....as for jdsu...it can only drop another $8 until it hits zero, and I will buy like hell at zero........seriously though, with the bath I took, I am either going down with the ship, or will be fully vested when recovery happens......I'm not gonna go down this far and then bail....at this point, If I havent already bailed, I am better off holding on and cost averaging in on my favorites as they get taken out back and beaten by the woodshed.......down with the ship, or up with market rescue.....but I wont be on the sidelines watching....that I should have done two years ago...... |
