Asteroiders avatar sums up my feelings perfectly, I saw it a few months ago and thought it was poetic.!
Personally, disagree with the 'ol buy n hold mentality. Get in n get out is my philosophy in the current dodgy markets. Like crossing a busy road, don't hang in the middle too long, you'll get run down.
Nor do I believe that spec stocks/juniors have capitulated, no where near it in fact. More the reason to be agile and nimble.
Don't be greedy either, if you can take a +20/30/40% run, take it. If a +60/70% comes your way, bank it and get drunk. They add up soon enough. If you cop a -10/20% fall, get the hell out. If it smells so much of a whiff suss, get the hell out.
This hanging on cos "she's gunna be a 10 bagger", is for people who never lived GFC or are volunteering/have voluteered to get smoked again.
- Forums
- ASX - General
- dear members
dear members, page-36
-
-
- There are more pages in this discussion • 52 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
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online