nibbling and cherry-picking yep i did a bit of thatAnyone buying the dip in this market has bigger underwear and/or intestinal fortitude than I possess! But good luck to them anyway.
Got to laugh?after reading your post.I have to say i am more worried by the structural issues of the economy:inflation,fiat turning to sxxt, default from US and general economic collapse of the west than by the noises like Covid and Ukraine.
Seems like diversions to feed to the masses one after the other, but in 10y,what will remain? and what should be the good investments today..gathering more BTD to end up maybe with cash worthless or inaccessible,or seized by the next ALP gov...,some PM burried in the garden?, shares in China, Russia or US?
Land?beach houses?
Or build garden beds a chook pen and get guns and ammo.
I think from time to time it is worthwhile to step back and try to look at the big picture.we can not change most of the key macro economic political factors, Reset is here but we ... sometime..can somewhat influence our own life.while i follow obviously theday to day, week by week dramas.. let's not forget the big picture ?
what about geese and/or ducks , not quite as noisy unless you have intruders ( when you might appreciate a little noise )Got to laugh?after reading your post.
World economy gets a good hammering from Covid, Floods, Fire n War, a natural way of decreasing world population? Not welcoming PM to bury in my garden. My land is more important to me n yes I started to look into the future. Started to dig garden up n grow vegies, love to have chooks too but afraid of interrupting neigbours peace.
Shares in China could be a good idea only if her people puts their talents into good legal business instead of creating more Fake goods.
Very little of interest to say this week, but for the sake of completeness my blog can be found here : https://sharecharting.com.au/blog-example
Best advice I can have for the current market is to sit on your hands (and if that isn't exciting enough for you - twiddle your thumbs while you do it!)
Good luck for what is likely to be another volatile week.
yes , but buying opportunities were much less attractiveCommodities and metals breaking out everywhere. U stocks smashed on Friday on a rumour. Opportunities galore!
Can't cover all stocks but I'll let you know what I see in my crystal ball if you like.Hi GN, I see you don't do BHP, BRN, NST. Take Care n Stay Safe on your Travel.
BHP moving up but nothing there I can see in the way of a charting pattern that would want to make me trade it at the moment. BRN has been falling for 5 week with no indication of where that might end. NST has probably got good prospects if it can get above last weeks high.Hi GN, I see you don't do BHP, BRN, NST. Take Care n Stay Safe on your Travel.
Anyone noted the Dow vs ASX gap?Thks GN for the 'crystal all reading'.
My BHP was up profit for 2k before the war broke out.
BRN was giving me $150 to $200 plus profit with day trading unfortunately the last buy in was on the high end, since then prices kept falling, my thought...caught with my pant down... it should be ok to hold for a bit longer as the company had commitment contract signed to provide the chip for a car manufacturer.
NST was sold but waiting to re enter.
PLS was good to me a while back. Lucky to sell half of my holding at high, reign in my capital and the other half left as Free hold. Unfortunately I Did pick up another parcel just before the price drop.
Let's wait for Monday market... again maybe a struggle.
Dow down on Friday.
A closer look at BRN suggests a bottom could be around $0.94 - $1.00 which is about where price is currently. Hard to say, but up from (or about) current price is a possibility. Technically, the most likely bottom is $0.94 but really need to see a confident move up on the weekly chart.Thks GN for the 'crystal all reading'.
My BHP was up profit for 2k before the war broke out.
BRN was giving me $150 to $200 plus profit with day trading unfortunately the last buy in was on the high end, since then prices kept falling, my thought...caught with my pant down... it should be ok to hold for a bit longer as the company had commitment contract signed to provide the chip for a car manufacturer.
NST was sold but waiting to re enter.
PLS was good to me a while back. Lucky to sell half of my holding at high, reign in my capital and the other half left as Free hold. Unfortunately I Did pick up another parcel just before the price drop.
Let's wait for Monday market... again maybe a struggle.
Dow down on Friday.
Good morning n Thks again mate for that BRN chart. My thought today for BRN, at worst is 80cts, likely will be floating around $1.A closer look at BRN suggests a bottom could be around $0.94 - $1.00 which is about where price is currently. Hard to say, but up from (or about) current price is a possibility. Technically, the most likely bottom is $0.94 but really need to see a confident move up on the weekly chart.
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Morning, just need a med size n healthy wallet to do Trading but lots of time n patience. Was Trading in CSL n Macquarie Bank when Covid first break out, did okay in those 2 stocks . Had stopped n didn't re enter.wouldn't you need a FAT wallet to be trading BHP and NST ( i hold both as investments ) i might suggest the volatility is insufficient for amount of cash used ( and profit to be gained )
but absolutely agree on the stay safe wishes
Hi Rabbit,Hi GN, I see you don't do BHP, BRN, NST. Take Care n Stay Safe on your Travel.
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