Short Term Trading Weekend Lounge : 20 -22 Jan, page-87

  1. 7,746 Posts.
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    I've been flat out mate with wedding preps for Sep & after spending $10k on my engine for the valiant charger , got rip it down and rebuild it again which is the worst part cos i love to drive that thing on the weekends.. Apparently i'm not allowed to drive my self to the church too ... will see about that. anyway will have most things done after this month so should be back to full posting.

    As for trading space , we had a convo not so long ago on this where i posted my two laptops on the kitchen bench.. But i got to say , as time goes on & you start to learn about all stocks , it becomes easier to trade.. So stick at it & spend time looking into different set up's , stocks , trends ect till one day they will become second nature.

    Been noticing heaps of profit taking early on stock , i mentioned few months back that this will happen this year & get worse from here on in. What that is telling me apart from heaps of new people joining in, is that also these people don't have the cash to buy when stocks are dormant , they wait for a stock to bunt without knowing much on the FA to fall in love with it. There is only so meany times you will get away with buying a stock that is pumping without knowing what why to go on & make more gains. So researching a few & waiting for the big bang IMO is much safer & better then running around jumping in and out of stocks.

    I've also loading up stocks & have gone from 70% cash to 50%.. I think trump is going to turn those bears on their head.. infrastructure looks to go spastic in the US , AUS & Asia with India being the biggest contributor in Asia.. Euro & UK have also got a few projects on the go. My thinking also is that governments around the world worked hard to avoid a crash last year.. i don't think that effort will go to wast anytime soon.

    Then we have EV's selling like hot cakes in China currently , the rest of the world will follow with buying late to early next year so i expect commodities tide around EV's to perform well this year. Bauxite & Cobalt will be the spec runners this year.. I think lithium specs are done, my thinking is most of the good spots have been spoking for & the left over is just pot luck , so you will be hard pressed finding a new gem to do a PLS/GXY , not completely out the question but i would much have the odds in my favour by picking up stocks that part of the EV's in other way's.


    There saying i read the other day.. 'If you don't read the newspaper, you're uninformed. If you read the newspaper ,you're mis-informed."

    Those malaka analysts got Li completely wrong last year & are now backtracking.. Now they are saying infrastructure commodities are over priced.. Cant wait to read the backtracking on that.
 
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