XJO 0.81% 7,971.6 s&p/asx 200

Volt,Now there is a thought.Fortescue, Minara that has options...

  1. 3,122 Posts.
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    Volt,

    Now there is a thought.

    Fortescue, Minara that has options too I think.

    some of these shares have quadrupled in value in the last year.

    When i have witnessed BHP tripling in value over the last 4 years, I am very wary of anyone blatantly talking up markets.

    When I hear the funds and analysts saying that the retail investor has not joined in yet.
    All us seasoned traders know exactly what that means.

    When retail joins the party, time to sell.


    Friday nights upward explosion on DAX and FTSE was amazing, managed to get about 15 points on the opening gap, then scalped a few more.

    our spi is at a ridiculous premo for Monday Morning.
    If it gaps up I will sell it, if it opens even, I will sell it.

    US up, our market opens up usually and the funds fade it all day. The super money versus tax selling is an intersting tug of war being played at the moment.


    Brewster
 
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