Australia's largest stock trading and investment forum Australia's #1 stock forum

I sold out mostly everything except super which is long term for...

First 4055 Last

Share
Profile

Follow
paul_d

561 Posts.

132

09/06/20

20:53

Post #: 45122024
Share

Originally posted by 1ronnie: ↑

It is time that market participants take a reality check the sooner the better because it is not just the markets we need to contend with, it is our economy as well as our trade and services export outlook. All could translate to less jobs, less income as job losses will come when the stimulus is lifted and with some sectors (tourism, education, retail, hospitality) facing increasing headwinds ahead.
It is not the time to lose money that could be needed to pay rent when the job goes , or money for a purpose. And I have to say this while the going is good because we need to be what? yes Be Ahead of the Curve. Sure markets can continue moving higher for a little longer but unless you honestly believe it is worth what you're paying and be honest that everyone is gambling (to be crude about it) (especially the blokes across the Atlantic) , this is the time to act to ensure we don't end in a "mess" when the proverbial hits the fan because when it does, people usually will not aha this is it ,it has arrived but instead well it is still good and hope springs eternal ....

Expand

I sold out mostly everything except super which is long term for me 20 plus years

I am shorting with bbus very short term based off the s and p 500 20 day MA

Last edited by paul_d: 09/06/20
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 17,466 more messages in this thread...

First 4055 Last