QBE 3.13% $17.35 qbe insurance group limited

christmas in july, page-9

  1. 2,978 Posts.
    Fair Call Wintie
    However my experience has been everytime I take a loss it takes away the stress I linked to it and gave clarity for next direction.
    As far as fees and loss taking goes its just the price for playing.
    Also I never said you had to wait to get back in!
    I did it goin down on QBE it helped minimise my losses and also made me sit back and watch a bit more.Cutting my losses from what they could have been.
    In turn this gave me a stronger feel as to how this stock gets played.
    Though having said that I was surprised when Rob7 stated this stock is a popular shorting stock.
    So much so that it still appears to be going down albeit slower.
    As of today I now will stick with my original opinion that this stock may continue to slide down to $16 market.
    Maybe even freak the market out by having an Intra day low of $15.5 if not today then tomorrow.
    After tomorrow I would expect the shorters to get tired or bullied out of there position and the stock will turn.
    If it follows last year (which it seems to be doin amazingly) then turn will come next week. Then it should be fasten seat belts for the ascent.
    Good Luck All Holders
    Zzupstirrer
    Tha Caring Sharing Kinda Guy

 
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