Hi A/C, :) Cashed in my chips at 65c without a lot of fanfare...

Hi A/C,

Cashed in my chips at 65c without a lot of fanfare when the overbought signals popped, the momentum started to weaken and the greed was at it's peak waiting for the tide to go out.

Stepped back from the HC sphere for awhile to re-evaluate and develop better trading strategies more suited to my appetite for risk and limited time free from the influence and the cross forum banter which was getting old...fast..

I will certainly return funds back into GXY when the current phase of Distribution ends.


However this isn't the only game in town and my capital currently has better returns riding the waves of a number of other eggs in different baskets based on their strength and trends.

CGT discount is irrelevant to me as the profits are now taxed within my business.

I do believe GXY has a great future but topping up on dips is not part of my strategy.

Happy trading to All.

Up