Macrae 12The markets are just brutal at the moment and one has...

  1. 171 Posts.
    Macrae 12

    The markets are just brutal at the moment and one has to be brave and stupid to try and trade them..............with announcements being made by goverments on a fairly frequent basisecently it is dangerous to be caught long or short.

    However the fact that you have '' thrown in the towel ''is very significant because i have been watching you for years and you are a serious trader....................i think we are pretty close to '' total capitulation '' IMHO.
    If we have a huge sell off this afternoon then i am buying. I went 100% cash about 3 months ago. However i have been dipping my toe in the water from time to time but i never held overnight....................i am thinking about 3550 as the bottom.....................well we will see !!

    Sorry for your loss...............but 25% loss in this market when one actively trades in actually pretty good going..................hope you recover all when the market bounces.

    Cheers
 
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