realistically folks where are we at, page-50

TP

Just remember it was a very short time ago that you were happy to exit at your entry cost...

You can even make up brokerage perhaps right now.

If exiting at the price you bought in for was your plan as you stated, now is the time to do it.

Remember the need to lock in your plan and stick to it. Too many people don't stick to their trading plans, and average down or hold too long and then eventually capitulate and sell at the worst possible time.

ANZ is looking strong right now, but look at the 1 year graph - there is a definite long term trend there - and the trend is your friend.

You may be right, and this could be the big turn around where all the banks start to reappreciate - 9 times out of 10 you will be right following the in place trend however rather than picking a reversal - particularly of a strongly in place technical trend with fundamental issues backing it up.

All the best.