I think the reason why you struggle to understand is because you think I'm out of the market to try and pick the bottom. As mentioned above, I'm 40% cash because of uncertainty around the coronavirus. That uncertainty is still there.
The market shot up due to expectations the FED will drop rates by 50 basis points to stimulate the economy. The question is how will monetary policy work against a non-financial situation such as a pandemic?
I don't have an answer to this. I'm happy to sit on the sidelines for now and monitor the situation, irregardless of what the DOW does. If DOW continues the recovery my 60% holdings in equity will be happy.
You should respect the fact that different people have different investment strategies with different success rates in different circumstances.
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Last
$2.41 |
Change
0.000(0.00%) |
Mkt cap ! $3.074B |
Open | High | Low | Value | Volume |
$2.43 | $2.44 | $2.34 | $20.63M | 8.598M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 145241 | $2.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.42 | 134295 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 176621 | 2.410 |
22 | 283813 | 2.400 |
17 | 133801 | 2.390 |
18 | 182328 | 2.380 |
8 | 295273 | 2.370 |
Price($) | Vol. | No. |
---|---|---|
2.420 | 125257 | 35 |
2.430 | 524217 | 51 |
2.440 | 313066 | 43 |
2.450 | 947526 | 57 |
2.460 | 608196 | 23 |
Last trade - 15.46pm 17/09/2024 (20 minute delay) ? |
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