XJO 0.67% 8,150.0 s&p/asx 200

Downgraded to Shred - Tuesday, page-47

  1. 3,373 Posts.
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    As many of us have waited in cash mode for this buying opp.. Interested to know what stocks you are looking at buying today and at what entry price.



    Stocks I am looking at buying are...

    SKI - around $1.60
    BHP - less than $21
    OSH - probably 5.5 but still high risk given tanking crude price
    CSL - doubt it will go too low since its a 'safe haven'
    SXL - low 70c .. decent media stock mainly radio incomes



    Also keeping my eye on some hybrids NABHB, MXUPA (picked this up at $17 during GFC - sold at $70.. good memories), WCTPA.. but little sign of panic selling in this area so prices may remain strong

    my forecast for the day: open around -150 then drift down  into the afternoon with Shanghai tanking again...  final damage to XJO around -300

 
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