How much have you lost on shares in the last 3 days?

[GreatPig]

Hey, my PPC is up around 5.8% today at the moment.

RCD is up a little too.

Cheers,
GP

 

[jet-r]

08/06/2006 16:02:04 14,280 $73.70


is that you? the lucky last that got the best price today.

hang on. thats over $1mill worth.

 

[Mumbank]

Realist I think that is a great move. I too have lost a bit = not a great amount - on paper, thankfully until today BNB kept it looking fine. It's only on paper anyway and I have already cut some loses for tax purposes. I'm gonna sit tight, pay must less attention to the market until things settle, and probably drag some funds out of other "safe" places to take advantage of some of the low prices for quality stocks. I'm just not sure this is a time for "playing" with speccies. The other point is that probably not much good news will come out 'cause it wouldn't have much effect on prices anyway at the present. Lets hope it settles shortly. There is usually a sell off before a Long Weekend anway so goodness only knows what tomorrow will bring.

 

[Realist]

08/06/2006 16:02:04 14,280 $73.70


is that you? the lucky last that got the best price today.

hang on. thats over $1mill worth.

Yep. That is me!!

Except, I bought only 40 shares. $3000 worth. :


I've always wanted RIO and this is the price they were in Jan, so what the hell.


You've got to have the balls when the market drops to get in and have a go!!

RIO will be $100 this time next year!!

 

[powerkoala]

Last time on january 06
Bought RIO for 75... then went down to 68... hang myself.. lucky got special dividend.... Sold on 76... then fly to 85... shoot myself in the head...
Now it went back to 73????????
What a joke... :swear:

 

[Realist]

Realist I think that is a great move.

Well I've been eyeing RIO for months, missed out on a bid when they were 66 a while back and regretted it, got in at 3:59pm today. No regrets!

There is usually a sell off before a Long Weekend anway so goodness only knows what tomorrow will bring.

I hope not!!

I think it all depends on the Dow, if that goes down tonite we're in for a horrible day tomorrow.

 

[Sean K]

Good work Realist. Anyone with balls would be buying right this minute. Mine are still on the sidelines!

 

[jet-r]

this is gambling, if you look at the the patterns of the last few down turns, the big drop of more than 1% usually would followed by at least another one.

personally I would hang on and get ready to cash in near the 4800s.

 

[BlackTie]

I jumped into the market too quickly when see it dips and bounce back last week thinking it will back to normal. Lost $5K in a few days.

Have to pay the "tuition fees" to get smarter.

 

[Sean K]

Jet-r, I'm waiting till 4800 as well.

 

[Realist]

this is gambling, if you look at the the patterns of the last few down turns, the big drop of more than 1% usually would followed by at least another one.

personally I would hang on and get ready to cash in near the 4800s.

Well it is 4878 now. 4800 is 0.15% lower. Bugger all really, if they go down 1% tomorrow so be it!

If the Dow has a bad run tonite we'll get there tomorrow no doubt. No big deal.

Will it go down mre than that - I doubt it.

But with Rio it was $88 a month ago, if I offered it to people at $73.70 then everyone and their dog would have jumped at the offer.

The ASX was up near 5350 in May nd is now below 4900, that's a fairly large correction. We're getting close to where we were at the start of the year.

Time to buy?? Dunno, but I wanted RIO and $73.70 is good price

 

[jet-r]

73.7 is a good price. if you compare the current situation with what was earlier this year. the fundamentals hasnt changed.

we all know back then, the resource price can not go up forever, the interest rate will go up. 2006 will be another good year with respectable level of growth.

what we have now is some reality that confirms these presumptions. I reckon its all technical now, I have sold all of my holdings when the AORD breached the support level of 4939 this arvo and expect the 4800 support level to be tested very shortly.

time will tell

 

[Realist]

Okay Jet-R - what is your tip for the following..

Where the ASX hit the lowest point this year (post February)?

what it will be June 30?

What it will be Dec 30?


And my tips are...

4850 (tomorrow will eb the yearly low post Feb)
4900
5270

 

[Sean K]

Jet-r, RIO could be $100 in a year, so it's a solid bet at this price. And you are obviously still prepared for some short term volitility over the next month.

 

[Porper]

just out of curiosity,

After the recent down turn, how many of you guys are still in the green since the beginning of the calendar year.

Not sure for the whole year as here in New Zealand our tax year finishes end of March.

Since then had enormous peak to valley drawdown (think that is the expression).Shot up like a rocket thinking I had found the answer to huge profits , only to lose 70% of it all (profit that is) .So all in all I feel like I have done abysmally but in fact I suppose coming down to earth with a bump can be a learning curve for us all.

 

[Realist]

After the recent down turn, how many of you guys are still in the green since the beginning of the calendar year.

I'm up 4% overall this year counting dividends and brokerage fees.

Mainly from a Nasdaq tock though.

The ASX is killing me.

 

[justjohn]

im down about 17k over the last couple of weeks but dont begrudge giving some back, done well over the past 2-3 years the market will bounce back in due time ,the problem is a lot of new investors are not use to these type of movements in the market

 

[Jay-684]

Started the year @ $97,000

Peaked @ $129175 on 11/5

since then lost $16,674, currently @ $112,501

as for this week, Mon - up $2,000, Tue, Wed, Thu, down $6,000

feels really bad to be up 30% after 5 months, only to then be only 12% up after 6 months!

My head is telling me to get myself a margin loan and buy BHP and ZFX if the ASX stabilises at around 4800, but my gut is telling me otherwise.... the stress would kill me, and I'm only 21!

 

[Realist]

My head is telling me to get myself a margin loan and buy BHP and ZFX if the ASX stabilises at around 4800.

Your head is wrong.

This is no time for margin loans.

You are 21. How did you get $97K to invest?

I wish I had that much money at 21. Actually I wish I had that now.

 

[twojacks28]

discuss...



anyone actually ahead overall on the last 3 days?

I certainly aint.

im up quite a bit!!! Emitch going through the roof!