Small trades in BIT and MEM .Took some SXY but the bugger dropped another 3 pips . At support now so hoping for a bounce.
Feel sorry for ye olde hope-and-pray investor holding a long term portfolio for retirement. For example, PNI was a stock that had a perfect chart up until recently. Joined the ASX300 at the last rebalance and was flying high at $8.40 three weeks ago as a multi-affiliate investment management firm. The market has routed those fund under management to reduce their SP to $5.54 , ie 34% haircut in 3 weeks. Nothing wrong with the company, no fault of theirs.
@ozzienam - no point in holding anything if you dont have an exit plan and use stop losses.
@Endless Can you explain the tech please? I dont know how a jizz splitter works.
@rizzy Nah, Dreamworld. Welcome to another playground - the ASX Oct 2018 - "the Giant Drop".
Best to take some Kimbies with you on these rides. In fact, I almost donned pair today at my trading desk, thats what the market is doing to me these days.
