market crashing. what strategy

despite it is against logic to sell down a stock of a company that is still making good $ and shouldn't be affected by Europe economy downturn, i decided to sell down some Haio after seeing it lost 4% stock price today. The purpose is to cash out a bit $ in preparation to buy into other blue chips since those stock are dropping as well. Not exactly a good time to cash out but since i have huge % of my portfolio in haio, i want to readjust my exposure sometime in the future, so better sell down a bit.

after all, it is still 'in the money'

CFA class preview and trial at Penang

MRR consulting is giving a free preview of CFA (chartered financial analyst) class on 25 May and 1st June 2010 (8pm - 930pm). There is also trial class on 27 May and 3rd June (6.30pm -9.30pm).
It is run by Ooi Kok Hwa, a columnist on The Star and a CFA himself.

the venue is B303-3-26 krystal point

market technical crash, what to do?

originally i posted something different. but thought that i will post that next week

so market crash, it shed off quite some $ from my haio as well. i was comtemplating to sell when i realize earning of haio shouldn't be affected by europe or US.

some more by today there are more buyer than seller
so i decide to keep it

pledged share value

today received my PB broker statement. surprised to find that my pledged shares value has increased 99.7% from the previous month value. Not really sure why the broker suddenly decided to do so, but it does reflect the market value of my Hai-o stock closer. Coincidentally, my latest copy of Shanghai magazine has featured Hai-o in an article, citing it as one very successful business that has tapped onto the information technology to supercharge its traditional business forward. Although it keep me wondering if this means my little beloved stock will start to have more analyst's following and hence attract more institutional investor? My reading on the edge also make me realize that NTPM Teoh is accumulating NTPM stock, despite that Tabung Haji has been cashing out for weeks.

I have also just opened a US trading account. My friend HK shared with me most US banks have Debt equity ratio > 2. Malaysian banks are really much better with none having the ratio > 1. Should i buy into US banks? when it seems imminent that US economy is recovering. Luckily for short future i need not think too much. I don't have sufficiently huge enough spare cash to go into US. While i still have some unutilized cash in Hong Kong, i should probably try to buy HK stock first.