$62 whenever it happens - maybe maybe not, page-174

actually cosmos thats a good theory but thats not how I trade.

1) i dont know if 62 will be the absolute low - i nver said it would be the absolute low - its just a level that I think it gets interesting to look at.

2) u have no idea what my buys and sells were over the period. U just cant take in isolation. I didnt buy cba at 65 because i thought it would go lower - if i thought 65 was the low then I would wait for confirmation which would have been around 68 level ie the level i pointed out many times and now the stock is71 so i would have been up less then 5% - not a big deal as today falling as well - so given my view on CBA as a trader or investor I would not have bought in any event.

What you are doing with benefit of hindsight is saying I would have made money if i bought at 65.20 and sold at 73$ - yeah if i had a crystal ball - but not in line with my analysis at the time.

If I as an investor and I have a down bias  - why would I buy even at 65 when I beleive it has further to fall - all that tells me u have limited knowledge.

3) I bought and sold other stocks - i have limited capital ie no small amount but its not an infinite supply of cash and CBA just didnt make actual buysell list - on my radar yes and I will make a decision when I ready based on my view wout benefit of hindsight.


I dont see how I a troll when all I done is express a view - which by the way has not been proven incoreect - u guys get caught up in every single up and down day but I do real analysis both fundamental and technical.

My overall bias is to the downside and have a look at price beginning last year and now - which way has it gone. I just beleive it has further to go - that doesnt make me a troll (good projection btw) it just makes me someone who believes in their own analysis , is patient and has conviction.

cheers