XJO 0.31% 7,850.7 s&p/asx 200

Wow most spec stocks down 15-20%+, I am organising some cash for...

  1. 392 Posts.
    Wow most spec stocks down 15-20%+, I am organising some cash for the coming days, I want some speccies at GFC type panic, you know put in a lowball and have the seller come to you, I am happy to buy and hold if I consider it a capitulation sale to me.

    Holding what I own outright now, well 1 stock I had on margin got smashed 22% on the open which triggered a liquidation, it was a dog anyway so I'm not too upset lol.
    Thankfully one of my main specs is in a 10 dayish trading halt - I hope they keep it that way XD.

    Buckle up if the jobs data is rubbish. PS- I think most of the world knows by now that QE is both-non inflationary and non stimulatory. The only cure for America right now is time (for consumer deleveraging) and fiscal stimulus, its not doomed dont worry.
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