Been wandering around in circles all weekend unable to enter any lounge.even missed my friday confession on XJO.
2 weeks ago I was Ridiculousy short.
1 week ago I was foolishly long.
This friday I'd closed most possies and held XJO short & BHP long hence the conumdron. No commitment there!!
Thanks again all for the excellent input on this thread. sorry I can't offer any serious analysis only some basic sentiment.
The US political hotcake of debt ceiling will cause wild swings as pollies to and fro
Options expiry our local boys want bonuses.
Aug sees valid views from excellent annalyists here and elsewhere calling for rises or falls, the only thing they all agree on is the move will be fast and around 200 points.
So I can only repeat point 4. from the fortnight old post
CUT YOUR LOSSES QUICKLY
ps.I've closed the index short and gone long ORG watching closely and only very short term.
cadel's triumphant monday, page-4
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Last
8,428.5 |
Change
128.300(1.55%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,300.2 | 8,446.4 | 8,300.2 |
| XJO (ASX) Chart |