Given the massive sell off in equity markets, one can't help but conclude that the inevitable correction has finally arrived. But fear not, as I think this creates another good opportunity to load up on stocks. Prior to this correction, I have sold various positions in SembMar, NOL and Noble. For various reasons, I am still holding on to gold, BOA and SOHO. I have done an analysis on my performance, and found that there is much to improve upon. Of the counters I sold, I managed to garner the following "batting average", or percentage of the move.
NOL 38% for 7% gain
SembMar 33% for 12% gain
NOBLE 65% for 19% gain
Verdict: I sold too early.
AFI: Need to develop more nerves of steel in order to maximise returns from current bull market. Remember, before I know it, the bull market may be over, so make the hay while sun still shines.
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