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Get a proper set of cajones, div.nice .. i wouldn't have had the nerve to hold them for six months in the last two years
well done
mick
Get a proper set of cajones, div.nice .. i wouldn't have had the nerve to hold them for six months in the last two years
well done
yes the trader buddy had a look at BBOZ and BEAR yesterday fairly late , but i don't think entered an orderI bought some BBOZ yesterday........more as a hedge perhaps.
Someone whom I respect greatly once said, a quick analysis of the world economy can be had by looking at GE and CAT. GE as it gives a snapshot of how the world in general is tracking and CAT to show how the construction, mining and general earthmoving business is tracking. Both charts looking healthy at the moment but working on the theory if it looks too good to be true it usually is.
Time will tell.
All the best
bux
Hit a 52 week low yesterday, I hope it goes even lower on the fake higher for longer news in the US.I bought some BBOZ yesterday........more as a hedge perhaps.
Someone whom I respect greatly once said, a quick analysis of the world economy can be had by looking at GE and CAT. GE as it gives a snapshot of how the world in general is tracking and CAT to show how the construction, mining and general earthmoving business is tracking. Both charts looking healthy at the moment but working on the theory if it looks too good to be true it usually is.
Time will tell.
All the best
bux
Just thinking out loud but the market close for the year on 31 December plausibly ends up as a turning point?Can't get much lower than 3.00? A consolidation looks imminent.
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i considered it ( as did a trader buddy earlier this week )Just thinking out loud but the market close for the year on 31 December plausibly ends up as a turning point?
We're near all time highs, we're almost at the end of the year, and it wouldn't be the first time 31 December had some significance.
Just a thought.
I didn't want to spell it out; simply thought it was no goodThe market depth on ETFs is meaningless as it's fabricated by the ETF admins. They'll set it up in such a way to tempt retail traders to trade into their book.
Looks like hard work, where does the market want to go? Wish I know.i considered it ( as did a trader buddy earlier this week )
but post 2020 i am worried about governments picking winners ( as highlighted in the US markets )
so the index rises on only a few stocks ( while the majority struggle )
well i try to aim for where the money ( company profits ) is good ( and some potential growth )Looks like hard work, where does the market want to go? Wish I know.
stay safe everyoneBoth divs, greed and hope all rolled into one. Some will get it right, and some will get it wrong. Those who get it right about BBOZ will profit and vice versa...nevertheless, Merry Christmas, everyone!
The Problem with Australian ETF's is that there is very little VOLUME
And sometimes when there is Volume it is only a "Market Maker " Buying or Selling to Himself, Herself and all other selfs
ei: THERE IS NO REAL MARKET It is just Smoke and Mirrors to catch the Unsuspecting
Sounds like it should be ILLEGAL but it is not --At the Moment
Go FIGURE!
I don't go a Sailing with CHEATS
DYOR
Salute and Gods' speed
View attachment 167678
In the last year or so, the number of ETF has exploded on the ASX.Couldn't agree more @Captain_Chaza - if anyone wants to trade ETF's, head to the US markets. Much more liquidity, and much more choice. And you can trade options around many of them too for additional flexibility.
short term holds ( months not years ) seem to be best , although maybe BEAR could be something for a little longer ( but probably not years either )With limited amount to play, I still decided to buy $2k of bboz today...will get rid of these in 4 months if not earlier
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