"I hope anyone who jumped out last week timed it well getting back in because the bounceback has been very swift and it would have been easy to be caught out and actually lost money."
I am sure they didn't, that's why most traders lose heaps of money in the share market even in a bull market!
Best investment advice I Have ever heard:
"Then what is the wisest strategy for a bull market? Get right, and stay right; get long, and stay long; get long, and get longer. Buy and hold for the ultimate peak, not for the chiselling in-betweens.
Oh, yes, there's one more secret: sell at the peak. Don't fall in love with your bull market investment, because everything has its time and season, and its end. And NEVER confuse a bull market with investing genius."
Of course, most people don't do this......
Pretty happy with my buy at $4.28, I am going to put it down to luck more than anything else, but in 5 years will we care if we bought at $4.28 or $5? I am going to say probably not!
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sp weakness is surprising, page-17
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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