Pigs In Space
- Jul 9, 2004
Received this announcement notice today:
Disclaimer: I hold.
Disclaimer: I hold.
At the risk of going off topic, how do you differentiate between your investment and trading portfolios if you don't consider fundamentals?GreatPig said:Ghoti,
I don't really look at the fundamentals at all. I bought it after it had dropped quite a lot back to my longer-term trend line and seemed to be at least pausing there.
It's a little volatile right now, but I've bought this one in my investment portfolio, so want to give it a bit of room to move. Currently it's a little bit down on what I paid, but still well within my bounds.
Yikes!!! Run away!!! Run away!!!A work colleague who also has a portfolio, and goes from fundamentals, mentioned the other week that it had some broker buy recommendations, for whatever that's worth .
For the investment portfolio I look for more likely longer-term holds, mainly using trend lines to decide that and when to enter. I also look for fairly low volatility.ghotib said:how do you differentiate between your investment and trading portfolios if you don't consider fundamentals?
The Sims Group Board intends to declare a FY2005 final dividend of $0.70 per share. In addition, as part of the Hugo Neu merger transaction terms, the Sims Group Board intends to declare a special dividend, which together with the ordinary dividend will equal 100% of net profit of Sims Group for the 6 months to 30 June 2005. The special dividend is expected to be approximately $0.20 per share. Both dividends will be franked to the extent possible, with further details to be provided when the FY2005 results are announced.
I think of share investment as being with the intention of passive income and growth over the longer term, as opposed to buying and selling to make a profit. The ideal investment would be buy now and never sell until one day when I want the money for something else, in the meantime earning income (a bit like good real estate). In that scenario, shorter-term fluctuations in price wouldn't matter, as long as over the longer term the price increased at a reasonable average rate.ghotib said:So investment = long term trade
Minimal technical. Mainly just major trend lines, firstly to give me the best entry point into an established up-trend (as close to the trend line as possible), and secondly to watch for a major break in the up-trend. While even a large price drop shouldn't matter for a very long term hold, as long as it eventually goes back up, since the latter is never guaranteed, I think I'd sooner sell if the price seriously started to fall and perhaps buy back in again later once it looked like it was back on a new up-trend.but still technical?
I don't think the actual time is the relevant point, but rather the intention. To me, an investment purchase is intended to be for as long as I don't need the money for something else. However, since even the best shares can fall and stay fallen, or start under-performing (eg. reduced dividends or low average growth), then it makes sense not to hold during a large fall, or to move the money to something better-performing in the latter case.With somewhat fuzzy lines between short, medium and long term?
No, not really.Julia said:when making a decision like this would you not take into consideration at all the many analysts who are still predicting high demand for steel which has a run-on effect to metal recycling?
GreatPig said:A head & shoulders looking close to completion here.
Downside target around the lower trend line.