re: time for some buying
Well upon dipping below 5000 points the mkt is approaching the size of last years 2 corrections so I would have to acknowledge the chances of the market rebounding have increased somewhat, though I am far from convinced.
I do think it is worth slowly weighing into the market here, and I have done so to the tune of about about a third of my maximum exposure.
I would invest another third around the 4800 level, and go max long around 4600 as a rough guide, with overweights on bhp and rio on further weakness.
- Forums
- ASX - By Stock
- XJO
- i am net short the market my first time ever
i am net short the market my first time ever, page-50
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,865.5 |
Change
14.800(0.19%) |
Mkt cap ! n/a |
Open | High | Low |
7,850.7 | 7,898.7 | 7,846.6 |
Featured News
XJO (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online