Australian (ASX) Stock Market Forum

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

$25 looks like a nice entry for BHP

:nono: Never got there. :D

I paid $26.60 - I'm happy with that!

Again, I want these to hold for a very long time, it is such a great company.
 
Well I'm up today 0.9% overall.

BHP and RIO have come back to higher than what I bought them at today..

All is good! :) I can relax this long weekend!

That's the end of the correction folks, from now on the stock market will only go upwards forever more!!

Have a good long weekend dudes!

Realist.
 
I got in at $26.50 but I'm still expecting short term weakness. We could still see $25 again or God forbid $24! Great opportunity for long term investors who don't subscribe the sky falling down theory. IMO!
 
I got in at $26.50 but I'm still expecting short term weakness. We could still see $25 again or God forbid $24!

Good work.

This time next year we'll be rolling in money. ;)

Hey if it goes to $25 we could have made another 6% sure. It didn;t get there today though, so it may not get there again - ever.

It was $32 a few weeks ago, we're getting a 20% discount as it is.
 
materials sector is rushing up like a mad bull.

Looks like BHP will be fine for today but i dont think the bears have finished as yet.
 
I'm still holding long for a few stocks. I "HOPE" the market will go up next week. :banghead:

When BHP breaks $26 I want to jump in and buy. But my gut feeling telling me today is more like a dead cat bounce. I think the market will not settle till the US rate movement is announced. :swear:
 
Haven't seen the market move up like that for awhile (as opposed to down). Anything on the news wires?

MIT
 
mit said:
Haven't seen the market move up like that for awhile (as opposed to down). Anything on the news wires?

MIT

Long weekend and people need money to spend?

So the aussie government thought it might manipulate the price so people can get excited, make money and blow it over the weekend?

hehe nice theory eh :rolleyes:
 
Don't worry folks my trading partner is very bullish on the market and doing alot of buying. Hope you are all in coz it's gunna rocket up soon :D
 

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It will indeed. We have 2 US trading days in between to give us an indication.
 
Got some BHP @ 26.55 ...sweet deal I think as far as the long term goes. I'll top up when/if it breaks 25.50.
Watching the trading on BHP was intense - 12000+ trades for the day is some serious activity...I wonder how much "money" changed hands during the day on BHP alone?
 
Ageo said:
Long weekend and people need money to spend?

So the aussie government thought it might manipulate the price so people can get excited, make money and blow it over the weekend?

hehe nice theory eh :rolleyes:

Being an inveterate conspiricy theorist, I was thinking along the same lines myself :D
 
Realist said:
It will indeed. We have 2 US trading days in between to give us an indication.
pitty is you cant do much with the indication :swear: have to work out a way to turn back time :cautious:
 
Think we could have seen the last shake out.

Have reached the Elliot wave analysts 4800 area.
Wouldnt expect a "V" bottom.

Strong buying confidence going it W/E.
Should see this continue in Off shore markets O/N.
 
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