christmas tree, page-10

My software that use signaled a down condition last Thursday and as I said, I would be not be buying stocks until after the US election (unless I get a bargain) and heres why - US market TANKS overnight and gold down. The problem with tanking markets in OZ is that 90% of all stock pull back and some pull back HARD.I have 10 stocks in buy queues and the buy prices have been wound back by 10 to 15%.

Many stocks that are not generating income get smashed by a falling market. My IDC buy order has been lowered again.

I will ONLY be buying Bargain stock at Bargain prices. Come on IDC come to Cap'n. Come to Cap'n at 10 cents :-)

Disclaimer - I am not a registered financial advisor only a guy who doesnt lose money on the stock market. Yep two totally different animals!!! One has a piece of paper, the other common sense. :-)