XJO 0.37% 8,224.0 s&p/asx 200

mighty monday, page-14

  1. 9,861 Posts.
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    Barry

    If the commodoties index hass fallen 56% then i see thats its much nicer to be buying discounted stocks to say when the commodoties were at there peak.
    I remember taking oil shorts in the high 140's ( and some prior to that around 135) when the world was arguing that oil needed to be 200 +++.
    My point being Barry, that im a trader and have little time for justifying what might or should happen. Dont get me wrong i love the forecasting side of markets but .......
    Trade the Trade, use stops, and forget about trying to be right.

    I have just recently come off a 40% average long trade on BHP, so commodoties being smashed doesnt bother me, it breeds opportunities :)))
 
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