... dont panic ...., page-16

  1. 1,710 Posts.
    Gran

    I wrote my post to show that on a day when the asx had the greatest single loss since 1987, and the markets are in rubbish bin all over the world, and depression knocking on the door imo, there are opportunities out there.

    If you and others choose to flame me for that, then that is up to you.

    btw I sent an email off to that doubter with a copy of my account for the trade I made over a quarter of a million on overnight so I expect to hear from him soon.

    No doubt there will be no apology forthcoming but some further diatribe.

    If you want to make money in this market during these times there are, in my opinion some things you need to do.

    Either hold tight on your holdings {I have none and cashed up at the end of June} sell, or enter the markets shorting, as I did the aussie and/or going long on gold.

    The above is not meant as any advice, but a reflection of my position since the end of June.

    I am currently long on gold.

 
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