MORNING TRENCHDIGGERS I feel like a possum stuck up a tree with...

MORNING TRENCHDIGGERS



I feel like a possum stuck up a tree with this market.

CHRISFORD describes himself as an irrational holy fool. That is his cover, he is really on a mission from god.

It's about time he got his own thread cranker too. He worked his backside off at the Zoomba on the weekend/


THE GOOD

'Don't throw in the towel yet. The retracement was within a point of 50% although a bit larger than anticipated by me anyway, the sell off was on the expectation of a large fall in US overnight so if that doesn't happen we'll be right back where we began the day (or reasonable close).' CHRISFORD - July 25th


THE BAD

'I'm not holding my breath. I can see Goldman Sachs rubbing their hands in glee at the thought of starting a mass panic plunge on the stock markets, making big money through shorting and then when they know pollies are scared into making a deal happen, buying up bigtime at the bottom.' SLIPSHOD - July 25th


THE UGLY

My Crappy Portfolio - end of trade Monday July 25nd

Stock Qty Purch LastPrce Pft/lss

ORG 1500 16.12 14.96 -1737
RIO 2500 81.78 82.06 +696
BHP 2000 44.34 43.06 -2567
MQG 500 35.09 29.06 -3015
TOL 3000 5.56 4.57 -2570
WBC 7000 21.24 21.26 +137
DCG 5000 2.50 2.51 +80
QBE 3000 17.44 16.98 -1388
AWE 10000 1.35 1.32 -320

Stock currently held - Down 8275

+ Accumulated losses from sales - 28658

Grand Total down $36933