Personally whilst happy with recent progress, i am looking to exit as i see a massive downward plunge coming,not sure when but my thinking is early 2019 and if my charts tell the truth I will be exiting retail stocks like VTG and the three type of stocks i am holding during a drop are gold stocks (flight to safe haven), utility stocks like TLS and AGL, and stocks i consider undervalued such as PLS, MLD and BLD.
The type of stocks that will be hammered are financials,especially fund managers, retail, consumer discretionary, construction/infrastructure, and any growth stock on high pe.
My only problem is I have an average at 1.29, so want to limit my loss as much as possible. If it gets to 1.15 I might pull the trigger.
Christopher
VTG Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
