Great day to deploy capital :-)

[divs4ever]

that was yesterday for me

added extra FMG , EVN and RRL yesterday , only some extra CMW today , so far

 

[systematic]

Trouble is, I never have any capital to deploy. I made the decision a long time ago, based on the best research I could do at the time, to be fully invested all of the time. Nothing I've seen (or personally researched) has changed my mind.
Being in and out of the market only reduces volatility / fluctuations as far as I can get it to work.

 

[Sean K]

Trouble is, I never have any capital to deploy. I made the decision a long time ago, based on the best research I could do at the time, to be fully invested all of the time. Nothing I've seen (or personally researched) has changed my mind.
Being in and out of the market only reduces volatility / fluctuations as far as I can get it to work.

I think that depends on if you're an investor or trader, or combo weighted one way or the other. Sounds like you're a time-in not timing guy. Full time investors are probably trading to some extent to take advantage of opportunities.

 

[divs4ever]

fate has a different path to me , between dividends coming back to the bank account , shares that i feel prudent to sell ( like AMP in the later part of 2018 ) and successful take-overs ( currently SKI , AST , API and YFZ look likely while WSA still has some details to reveal )

so sometimes the difficult part is wisely deploying that cash

good luck

 

[againsthegrain]

Liquidated my mcr yesterday, come Friday see if it was the right decision. Hopefully this cat falls flat by then and either buy back cheaper in mcr or pick up fmg below 14 fingers cross, but most likely sit on the side. Whatever u do stick to your game plan

 

[peter2]

I've started buying US.
SOXL - Semiconductor Bull 3x shares (ETF) (@40)
FAS - Financials Bull 3x shares (ETF). (@111)
COPX - Copper Miners ETF (@37.50)
UNG - Natural Gas ETF (@ 13.00)

LIT - not ready yet
URA - not ready yet.

Will be looking to add quickly in one or two more days if prices confirm yesterday's low.

 

[Smurf1976]

I've started buying US.

Interested in how you're seeing that going forward?

That is, you're buying with the intention that it's a reasonably short term trade?

Or you're thinking this is a good entry point for the long term?

My own view is that we're due a tradeable bounce but I'm not at all convinced that there won't be a better buying opportunity for long term investors at some future time. Anything I buy will be with the intention of selling after a rally, not as a "forever" investment.

Noting that my definition of "short term" is imprecise but I mean weeks or months not years.

My reasoning being that this correction simply has too many people trying to call both the top and the bottom - everyone from random YouTubers to the mainstream media to professionals seems to be having a go. Versus real long term major tops and bottoms, the kind not exceeded in their respective direction for years (or never in the case of most bottoms), generally involve the masses having given up on the opposite case entirely such that only a few are paying attention to the prospect of a major top or bottom being at hand.

Very interested in hearing arguments to the contrary if you or anyone's seeing this as a good point to invest for the long term. As always, I could well be wrong.

 

[Knobby22]

Interested in how you're seeing that going forward?

That is, you're buying with the intention that it's a reasonably short term trade?

Or you're thinking this is a good entry point for the long term?

My own view is that we're due a tradeable bounce but I'm not at all convinced that there won't be a better buying opportunity for long term investors at some future time. Anything I buy will be with the intention of selling after a rally, not as a "forever" investment.

Noting that my definition of "short term" is imprecise but I mean weeks or months not years.

My reasoning being that this correction simply has too many people trying to call both the top and the bottom - everyone from random YouTubers to the mainstream media to professionals seems to be having a go. Versus real long term major tops and bottoms, the kind not exceeded in their respective direction for years (or never in the case of most bottoms), generally involve the masses having given up on the opposite case entirely such that only a few are paying attention to the prospect of a major top or bottom being at hand.

Very interested in hearing arguments to the contrary if you or anyone's seeing this as a good point to invest for the long term. As always, I could well be wrong.

If this is a classic correction then we have further to fall.

 

[charlsie]

Last Friday was the 1st day in a very very long time that EVERY stock i hold in my portfolio was in the red.
I'm sure most people know of the boiling frog analogy.
For me, the frog has just been put in the pot, and if i was the frog, I'd jump out now.
Where as, in the past, I have stayed in the pot to be boiled. Not this time!
On monday morning, I sold out of (or scaled down) every position that wouldn't attract the full capital gains tax.
To refresh everyone of my history.... I've been trading 25ish years on and off.
2012, Marriage breakdown left me with $180K in cash/stocks. (my house deposit and i want to pay cash for a house)
2012-2018 didn't trust myself to trade rationally
2019 started following the market and small dabbles to get myself up to speed and gain confidence.
March 2020 got smashed down to $120k cash/stocks. I'd been buying ADN in 100K parcels.
I sold my 1000 BHP to buy more ADN (best buy was .025c) and have a buffer to pay rent if my work closed down (remember no one knew what was happening)
Early 2021 As ADN was approaching .40c I started selling down (mostly around .30c)and bought into MCR all the way up to $1.25 (bulk at .70c) Late December 2021 sold 1/2 my MCR
I now have almost half of what i have in cash.
I fully believe we are at the start of a slow boiling frog event, in that at the end of the year with 20/20 hindsight we will say "oh yeah, i can see that now" about how much the market has dropped.
I have no way of proving my theory/thoughts. though I do believe picking up good solid profitable companies is the order of the day in the months coming. I am too old (54) to believe what some say "No just wait, the market will come back" meanwhile, my house deposit languishes at the depths of a market correction. Bugger that!
And the beauty of it all.......if I'm wrong and interest rates don't go up and the market turns around and tells me to start buying again, well it just means that i have lost some upside to an amount of time my capital hasn't been in the market (so what. I've preserved it).
If you look at the one year charts on IXR and AVL, they will explain why I'm happy to have got out early in the week.
Anyway these are my thoughts and good luck trading/investing to you all

 

[peter2]

I'm trading this as a quick short term opportunity, similar to a bear market rally. The downward momentum looks like it's pausing, this should stimulate an oversold bounce. If we see this bounce in the ASX I'll be selling the leftovers at the slightly higher prices.

The market participants need to take a break in order to settle down. I'm not expecting a rally back to the highs. I'm anticipating a tough (volatile) slow grind sideways for a while (six months). I'm thinking of the classic Wyckoff accumulation pattern with the ABCDE phases and multiple retests of the low.


We're in Phase A waiting for the AR (automatic oversold reaction).

 

[frugal.rock]

Indexes, Commodities, Crypto and big US tech all currently solidly in the green, either currently trading or pre market.
Perhaps more important, CBOE on the way down.
This public holiday appears to be saving some tail... for now.

 

[divs4ever]

sorry i will be staying careful , would love to see if there was a US Treasury Bond Auction during all this

that would explain a lot ( to me )

 

[Sean K]

I'm a bear, but when you see so much blood on the streets, I can't resist.

 

[charlsie]

I'm a bear, but when you see so much blood on the streets, I can't resist.

I'm trying to work out where to put some money myself

 

[divs4ever]

i narrowly missed extra KGN ( so wound the bid down 5c lower , in case the slide continued )

topped up on CUP ( a long term play )

and missed orders elsewhere , and as an another inconvenience had to go out 15 minutes after the open

but yes that is the hard bit about dip buying is how much and where

good practice even if you miss every target

good luck everyone

 

[Dona Ferentes]

I'm a bear, but when you see so much blood on the streets, I can't resist.

short term only, I hope.

 

[divs4ever]

doesn't matter so much if chasing divs ( and no leverage )

but USUALLY there will be enough bounces to keep the trading folk happy as well