Derek Chew

My Investment Philosophy and Visa

"Was it wrong to only change my rating to "hold" while I had personally sold my shares? "

Absolutely yes without a second thought! That contradicts your "advice" at best. Whether based on a book, theories or quotes, a "hold" does not translate into a "sell" action on a stock. A hold means you believe in a stock on fundamental reasoning and your actions should follow your analysis.

What you are essentially saying is that, while you believe Visa is a good stock for long term investment, you are selling because of short term losses due to a mere 8% decrease. Does that even sound logical to yourself - considering you have probably a more experience amateur than I? :)

My Investment Philosophy and Visa

Robert, I hope you are not writing this in a public respond to my post about your first post here

www.derekchew.com/2008.../