XJO 0.89% 8,374.0 s&p/asx 200

max monday, page-9

  1. 18,333 Posts.
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    I know that most people on the XJO thread aren't interested in the little mining and oil stocks but that is where my passion lies. The performance here recently has been pretty awful - good announcements are followed by five minutes in the sun only to be met with heavy selling. Same thing happening again today. This is another reason that I am very wary of the overall market with fewer and fewer stocks taking the index higher. So despite the fact that the US dollar looks like it wants to correct, I'm going to stick with my view for now that this is a rally in the stock market rather than the start of another leg higher. Perhaps I will miss some more opportuniteis but I have learnt in this game there is always another train coming down the track ...... as long as you have your capital.
 
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