Sir, I am as relaxed as ever. I've learned not to stress out over some "electronic numbers" that I see on my monitor, a long time ago. I dipped my toes in on FRI when it dropped by $3.00....in anyone's book that was a considerable drop. IMO it was a good entry point...today is even better. I've loaded another 3000 units and will top up again if it falls by another $1+
Eventually it will stop falling. Now there are two types of investors;
1] those that do not want to miss out on an opportunity and who are risk takers;
2] those that will wait for the dust to settle and then jump in.
I do not know who is going to be right. What I do know tough is when the SP starts recovering I will be making profit on my first and on my second lot. How long will it take? Not sure either, but will CSL it is not if but when.
And, I can afford to wait. Not long ago I've sold 30K units and had that cash stashed for the times like these, i.e. when CSL drops in value. I was lucky to sell it at a tidy profit margin and was not stubborn to wait for my target price of $38 that I thought it would reach as soon as the broker finishes the buy back process. Let's say I've invested my profit made from my earlier sale of CSL + a bit extra.
Am I stressing out? I assure you I am not.
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Last
$312.93 |
Change
0.780(0.25%) |
Mkt cap ! $151.2B |
Open | High | Low | Value | Volume |
$311.30 | $313.55 | $311.21 | $24.57M | 78.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 32 | $312.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$313.08 | 31 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9 | 313.070 |
3 | 16 | 313.020 |
2 | 19 | 313.010 |
1 | 25 | 312.980 |
1 | 9 | 312.960 |
Price($) | Vol. | No. |
---|---|---|
313.130 | 33 | 2 |
313.150 | 25 | 1 |
313.160 | 6 | 2 |
313.170 | 5 | 1 |
313.180 | 5 | 1 |
Last trade - 11.08am 24/07/2024 (20 minute delay) ? |
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