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guys,i just dont understand a thing,i hope that anyone could answer me this question.why did dow jones keep plunging?They afraid of second wave of corona virus?Or the election is abt to come?The only thing is that when the second wave of covid-19 comes what will it benefit?If ur answer is healthcare sector then why are you selling?Dont you think that the drop of healthcare sector is a bit stupid?If i were u i will keep buying,just my little opinion i hope u guys cab share ur thoughts
Agree with u Wai Chau Yin. Thats why i bought abit just now to avg down. If got holding power then hold. Unless you all in then maybe u take profit first cuz sure will drop more.
To be honest, I really don't know what's going on. Should COVID 19 rise, glove counters will have spike in profit again. Yet share price drop. Meaning there is no fundamentals made into play. My opinion, shares sometimes drop for no reason, maybe due to fear or panic.
some people just dont have the holding power, economy overall is bad, some who lost their job is taking stock investing like a gambling tool more than investing, of course when things go bad they will all sell
No wrong or right if you buy or cut loss.. Not everyone buy at low price and able to withstand huge drop.. For sure, if you have holding power and price low enter just stay and wait.
At least u get profits, I'm incurring loss, I think I will just hold to it. If cut loss, forever loss, if hold still got chance I think. I can put the money aside for. long time, so I'm fine with it.
