Q,
from some reading on historical averages of crashes I feel a little more confident we're near a bottom. Also, Interest rates here set to drop a .25 then maybe another .5 perhaps, Oil settling in price range closer to a dollar and Inflation getting better in the states...etc. all good for local shares. Bounces usually come quickly, but I feel this one may have a few bumps on the way back and take some time. We maybe we're closer to ready for a slow return to Green.
I bought some in the opes fiasco average of 100 cents then sold at 198 missing out on the potential 270. Just reentered with 3 purchases averaging 198! So back to the price where I sold, for a long term hold. UMC is one of the less scary stocks atm! Holding long term only requires one right decision - buying. Selling takes two right decisions and trading bumps can be a headache I don't need...
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