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AUD on the skids, page-267

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trent3727

6,678 Posts.

224

02/10/21

19:10

Post #: 56523350
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Originally posted by lost com: ↑

Moves overall have been small.
Certainly, earlier dip buyers would be down an annoying 10%.
Taking losses is to die a death of a thousand small cuts.
Losses really add up.
Typically stocks grind down and then explode up.
It is a balanced trader who does not jump at the chance of a break even trade, after sweating a small loss for months.
Commodities, with the rise in oil and gas prices, should be on the up.
Yet BHP cannot get a bid.

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The cheaper BHP gets, the better I'm trying to scale into it and get a nice low average.

Wages ain't keeping up with consumer prices. I think we are going to see consumption go lower.
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