Firstly you shouldn't be too upset. You haven't really lost any money yet.
Many investors (like our broker friend) are at huge losses on paper and realized.
We are in a bear market and strong positive days are likely to be met by a wall of sellers.
You should look to reduce exposure on some of your positions when we get a bounce. When this bounce will come I have no idea, it is looking very ugly.
In a Bear Market companies without solid earnings are hit hardest. You may look at reducing exposure to some of your least favourite and worst performing speculative positions when a good opportunity presents.These stocks SP's are highly 'news/announcement' based and can go up hard on positive news even when the general market is very weak.
What is your view of the market? What is your gut feeling on market conditions in the next 12 months?
Firstly you shouldn't be too upset. You haven't really lost any...
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$63.84 |
Change
0.070(0.11%) |
Mkt cap ! $12.37B | |||
| Open | High | Low | Value | Volume |
| $64.41 | $64.52 | $63.59 | $17.98M | 281.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1141 | $63.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.84 | 905 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |