Hello Anne, redbacka, Owenb79
I invest too. We all make our own decisions based on our research. I am always so grateful that redbacka, Owenb79, pinozi and others share their opinions and provide charts etc. These are great people. Giants.
Redbacka is so true about the Zen. I try to read and understand all I can bear. Every now and again there is what redbacka terms 'enlightenment'. I see it as reaching a point at which 'you know that you know' a certain outcome is very highly likely. I try to learn to recognise it.
For this downturn I was lucky to have started selling some of my good gainers through September. Then the bearish rising wedge presented a fabulous opportunity to continue selling. I sold about one third of my portfolio and did very little buying.
I may have picked some wrong stocks to sell; STO has risen since I sold, BHP (was 20% of my portfolio, now 0%) has dropped only a little from my BHP sales a week back. Similarly for MPL, ORA and SHL.
I will be buying back in, especially BHP and hopefully at a lower price than I sold. I hate it when my hard won gains evaporate. It is great to lock the gains in. And dividends had already been paid. Similarly my super is in cash for September and October so far. I have given myself the problem of trying to recognise a good re-entry point. I may be doing the wrong thing.
Thanks again redbacka, Owenb79, pinozi and others and good luck to all. We all make our own decisions based on our research.
- Forums
- ASX - By Stock
- XJO
- ASX Morning call 9 OCT
ASX Morning call 9 OCT, page-52
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,943.2 |
Change
-171.500(2.11%) |
Mkt cap ! n/a |
Open | High | Low |
8,114.7 | 8,114.7 | 7,920.0 |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
MTL
Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus
XJO (ASX) Chart |