Exactly right.
And when the rocket takes off, many sit around and discuss how expensive CSL has become. So they wait for a dip and don't buy in.
I am not smart enough to know when the rocket is due to take off.
So I just buy and hold long term. When they get cheap, I buy some more.
I held through the flat patch you mentioned post GFC. Almost sold at around $30 because it was going nowhere.
I can guarantee that selling would have been a far greater mistake than buying at current levels in case it goes down a bit...
But all of this depends on your investment strategy.
The trend will remain down as long as the USD keeps falling. I am ok with that.
Exactly right.And when the rocket takes off, many sit around and...
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Last
$275.80 |
Change
0.410(0.15%) |
Mkt cap ! $133.2B | |||
| Open | High | Low | Value | Volume |
| $276.00 | $277.50 | $274.44 | $131.0M | 472.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 83 | $275.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $275.93 | 109 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$276.25 |
Change
0.410 ( 0.14 %) |
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| Open | High | Low | Volume | ||
| $276.01 | $277.50 | $274.48 | 149758 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CSL (ASX) Chart |