Great day to deploy capital :-)

What's this? Mr Fundamental calling a market reversal?

 

agreed. Have opened up a long on the ES this morning

 

I agree, although I started deploying on Friday. Hoping for another bad night on the DOW tonight for a bigger deployment tomorrow. I love these big down days.

 

Indeed it is. Ive been able to top up on 2 of my current holdings and have added one new stock to the portfolio over the last 2 trading days..

CCP has had a big fall from its high near $6...wont have to go too much further before I top up on that baby too

 

So that spike was you buying eh

 

Buy em off yez in October.

gg

 

Maybe you are right gg but I have to admit it is great to see some good value back.

Almost have my line of credit approved, happy days.

 

Start deploying people, bring some green days back

 

I'm often wrong but it seems quite a few shares seem to be falling off a cliff, mostly small caps, this is with the US still chugging along obliviously. There seems to be a lot less correlation between the US and aust but seems that it might get ugly here. I'm leveraged throughout the cycle due to my lack of capital and as it allows me to enter positions rapidly if I wish to so I'm always >100% long but have scaled back my positions and hoping I can get a few of my fav large caps on the cheap later this year.

 

So 'deploy capital' means 'buy' right?
Sounds like something an army general would say.
"Deploy the Capital, Mr Smith!". "But Sir! Its untested!" etc etc.

What does that mean?

 

Suspect there will be many more even 'better' down days ahead.
No way I'm buying into a falling market.

 

I will be waiting for 4650 to be tested again.. at this point i think it will be a good time to get into the market.

But like you mentioned julia.. I'm waiting for a little upward movement

 

My little average down buy order didn't get filled maybe tomorrow

 

Lots of people bullish on a big day down, not usually a sign of a bottom.

Lots of stocks hit support levels today and duly bounced, yet they hit the support fairly quickly from the top, not my idea of a good place to enter.

brty

 

I bought S&P500 futures yesterday

 

Well I suppose Japan means a fair bit more to us than it does for US.

Also the fact that Japan is a large trading partner with China as well... I wonder if those implications will flow through to the Aus market.

I must say I am very tempted to long XJO and short S&P 500... but I don't have enough capital to bet against the fed.

 

Japan is down 12% $#%#$%

Feels like 2008 again...

 

Smartest comment on the thread.
If half of you have done what you have spuiked on about youd be bleeding heavily.
Emotion is a powerful and dangerous enemy to traders.

Unless you can clearly see the bleeding's stopped---Run Forest Run.

 

With Japan being our second largest trading partner, I would think the events there would change the fundamentals of quite a few companies.

Would this not make investing on existing/past fundamentals a guess at best, or just a straight out gamble??

With the all ords currently down 125 points, is today a better day to invest?? What about tomorrow??

brty