Australian (ASX) Stock Market Forum

Buy with open arms?

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Have a few days off regarding buying with open arms. The Chinese have got the hump over paying so much for iron ore and Goldman Sachs have been accused of defrauding investors over sub-prime mortgages by America's Financial Regulators. The aircraft industry is in trouble across the pod as Icelands' volcano creates chaos.
 
2 big crashes in 2-3 years??? dont think so.
people always see problems everywhere.

we`ll be going sideways and up for the next 4 years at least with a few retraces along the way:)
 
Well, it seems there is more interest in Icelands' volcano than Goldman Sachs. So, arms open again and fill your boots???
 
Whiskers said:
What's on the bargain list for today?
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I've got many shares on my bargain list, so many, and worldwide. Unfortunately ASF may delete the share tips so there's no point in listing them all. You could try a pin in the ASX 300, stick it in about 50 times (putting the names in a hat could be safer), eyes closed of course, and put $4K in each, sit down, and watch the action. Then go to the UK, their dog currency could revive after the election over there, footsie 100, (many stocks are international anyway) stick pin in 25 times and invest A$10K in each. Then go to the DOW 40, stick pin in 10 times and invest A$25K in each. - good day noi
 
noirua said:
I've got many shares on my bargain list, so many, and worldwide. Unfortunately ASF may delete the share tips so there's no point in listing them all. You could try a pin in the ASX 300, stick it in about 50 times (putting the names in a hat could be safer), eyes closed of course, and put $4K in each, sit down, and watch the action. Then go to the UK, their dog currency could revive after the election over there, footsie 100, (many stocks are international anyway) stick pin in 25 times and invest A$10K in each. Then go to the DOW 40, stick pin in 10 times and invest A$25K in each. - good day noi
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Here's a crazy idea.

Buy quality companies with strong balance sheets and sustainable earnings. Maybe even ones with competitive advantages.

How about one that even has a profit margin on their products of 60+% and is about to benefit from improved corporate spending.

INTC is just one or of course you could stick to your pins. What ever works best for you :rolleyes:
 
I am a newbie at investing in shares and also, coincidentally online Poker; there are similarities but I have been doing well investing in the tips of my new online poker buddies. Recent tips include;-
OMG ,DIK , DON KEY , DUM RVR , GRR and LOL
I hope this helps!:D
 
No doubt we're all-in as far as buying with open arms is concerned??? I've still to finalize a few more purchases next week though the Footsie and Dow 30 continue their bullish tone.
Always limit stock purchases to 30% when buying speculative stocks???

Onwards and upwards is the cry, from somewhere, not sure where???
 
Noirua, what exactly is the point of this thread?

It seems to me that if the comments you are making herein were made on a thread for a single stock, you'd have them deleted for pure ramping.

I'm not sure how doing the same thing for the mining sector, especially when you admit to a complete contradiction to your "Buy with Open Arms" suggestion by being still 70% in cash/fixed investments should be any different?
 
Unnamed User said:
Julia i think your sarcasm meter must be broken.
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Ah, you may very well be right. It did seem out of character for Noirua.
I do have a very bad tendency to take things very literally.:(
Thanks for waking me up, Unnamed User.
 
I too assumed in post #2 that noirau is being sarcastic but rightly so I was quickly rebuked.

Although deep down I think there's a bear in there.
 
Yes indeed! Sarcasm meter indeed, as i strive for serious inaccuracy, sorry, accuracy.

We have a worldwide sphere of investment and the Aussie is very strong and we might well ask: Will it remain so??? As soon as interest rates at home reach 5% the others, our great and noble friends in the States, China, Europe will all be raising theirs, interest rates that is. No ??? on this.

Money pours in to good old Australia from China, India ... err well you name it, "Get a bit of Aussie" that's the cry". Will they stop at mining, I think not, and it will be, 'grab a chunk of Woolworths', and most else ???

Every Aussie will be loaded, that is, 'those worth their salt'???

The ASX 20, 50, 100, 200, 300 ... look on an inward investment basis to be well behind many other worldwide indexes ???
 
All blue across the pond as the recovery is seen to be locked in. Onward ASX200 to 7,000??? Providing WS goes for tax reform in May as iterated in America, good economy control needs less of the interest rate lever to achieve balance.
 
Is this an opportunity coming up or a poison chalice. UK Footsie falls 150.33 points and Dow Jones closes 213.04 down. All this due to Greece descending to Junk Bond status and Portugal, next on the rack, having their loan status downgraded.

Parts of Europe, was it the PIIGS, are all looking to have quite serious problems now. Get out of Europe some cry, as Germany and France dither on lending money to Junk-Bond-Greece.
The UK thinks it's not really in Europe and it's, 'one told you so' as the Euro heads for troublesome times.

The UK has elections on May 6th and there are big problems coming up. Usually its between the Conservatives and Labour. But the third party, The Liberal Democrats have moved into second place in the polls.
What's the problem then? Well, their have been boundary changes as the population of the major cities move away and this favours The Labour Party.
The Conservatives (mainly South of England) need a 10% lead over Labour (mainly North of England) to have a good majority.
The Liberal Democrats are more evenly spread.

If the Liberal Democrats do well they may get just 80 seats with 28% of the vote.
Labour could get 280 seats with 28% of the vote.
The Conservatives may only get 280 seats with 35% of the vote.
9% of votes go to Irish, Welsh and Scottish Parties.
Thus the Labour Party could rule with support of the Liberal Democrats having only got 28% of the vote.

The UK with a Labour/LibDem Alliance could see the UK descend into chaos.
 
noirua said:
All blue across the pond as the recovery is seen to be locked in. Onward ASX200 to 7,000???
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Oh how things (can) change within just 2 days. Bloomberg is predicting a drop of 97 points for the ASX200 today. Onward ASX200 to 4500??? :p:

My arms aren't unfolding until after May 19:
Reuters said:
Greece asked on Friday to trigger billions of euros in emergency loans from a bailout package which could be the largest multilateral rescue of a country ever attempted.
...
Greece has covered its funding needs for this month, albeit at a high cost and needs to borrow less than 10 billion euros to cover next month when an 8.5 billion euro government bond comes due...
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:2twocents - current Greece Recovery Fund balance
 
everybody should have bought with open arms last year.

obviously the people with lots of cash dont know what they`re doing and wait and wait until there`s no cloud to be seen at all.
ASX200 should be around 7000 by then.:)
 
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