mondays mess, page-34

  1. 17,444 Posts.
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    I might have done something very stupid today. I actually invested a portion of long only funds.

    I have no legitimate indicators for doing so.

    The bearish sentiment over a one day fall in the US seemed too much. SPI discounts still rule here and I would have been more bearish if we got a nice premium even for just a day.

    At worst I hope I can salvage the position if we continue to decline.

    How do I reconcile buying when I am really bearish? Just schizo really. There is a difference between long term investments and futures and day trading of course, and it helps to be able to differentiate, lol. At least that is my excuse.

 
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