Australian (ASX) Stock Market Forum

Market Close

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Well ,what do you think happened to-day? The correction we had to have?old Paul Keating joke sorry)
They will bounce back.
Peter
 
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I'd say the market was overdue for a correction. I'd expect more bloodshed for the rest of the week just because there is nothing in sight that could motivate buyers for now. I think it's too early for bargain hunting to kick in. Then again I might be wrong as I was so many times before ;-)
 
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Well, todays market open will be interesting after Greenspan's upbeat US economy assessment.

The Asian markets are down but the Euro-US markets are up. Which way to go, which way to go....? :-/

AJ

PS: My GTP (forest management) and WFL (forest management) both did well yesterday despite a very lacklustre days trading. So my portfolio held even at the end .. ;)
 
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Todays close was better.I also invested (spent? :-/) more money then I should have but there were some bargains out there.
Peter
 
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Todays close was better.I also invested (spent? :-/) more money then I should have but there were some bargains out there.
Peter
Don't be shy, Pete.. what did you buy?

;D
 
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well I bought some BOQ and some lihir gold and more OCO and guess what they all dropped so do not follow me!!
Peter (or maybe do so I can sell!!!) ;D
 
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Aussiejeff said:
AJ

PS: My GTP (forest management) and WFL (forest management) both did well yesterday despite a very lacklustre days trading. So my portfolio held even at the end .. *;)
Aussiejeff - do you still hold WFL - I consider them good buying at the moment due to their forests coming on line (savings of buying in timber) and current share price - do you concur?
 
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