XAO 0.84% 8,552.6 all ordinaries

Short Term Trading Week Starting: 8th Oct, page-92

  1. 1,866 Posts.
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    don't over react, everyone else too busy doing that.

    core holding of GEM,OMH,IMA,RHP,FTZ,K2F held up fine at close, took the opportunity too lighten exposure to all but still hold balance in each, got to be comfortable and be aware of 'worst case' scenario.

    Holding few dogs ISX,B2Y but my exposure small so not fussed.

    Working on 2 or 3 stocks I call my 'bounce' list, history suggests good investment in time, you don't want to be asking yourself 'which stocks' if opportunity presents, remember one of best mechanical trades is off over reaction, maybe tommorrow maybe next month, don't know when but have the list.

    Not touching anything I don't fully understand and starting to tune out to 'talking heads' and stock threads and definately not chasing anything that's not there unless numbers suggest it is.

    Hound and I stopped at batemans for couple of packs of the 'coles finest' on the way through just in case

    All the best, will be interesting.
 
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