how come the asx market is so stupid, page-19

I had one wine too many and instead of exiting a trade I doubled up and made a small fortune before I noticed.

Yikes! Time to give the grog away, lol.

So the SPI finished at another good premium, but I can't stay short any more.

Maybe the market goes down a lot more from here but I will miss out.

When I see BHP down 2/3rds in 6 months and FMG down nearly 90% in 5 months etc. it is all starting to seem too much.

It's not so much the size of the move but the time factor.

Any more price down in this short time is unprecedented in commodity markets over several hundred years so the odds are getting too long for me.

I do think there is another 4th wave up and 5th wave down so maybe that is when the SPI premium sorts itself out.

Regardless, others can have any more downside in the short term.