XJO 0.76% 7,921.3 s&p/asx 200

Morning Trendsetters My Mum heading off to the mining tax...

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    Morning Trendsetters


    My Mum heading off to the mining tax protest rally.

    No maternity/single parent/disability/dole for her generation. They just got on with it.

    Actually, she is explaining to her new grandson in law the dangers of carrying a loaded rifle. He is listening verrrry attentively!

    Market quigmire

    A sodden bog is what we are up to our necks in. Pisces reckons we should all go on vacation. My own calender had a reminder from last year that popped up in front of me on April 30. I quote the message to self from a year ago..

    'You may have made a few bucks on a xmas rally. You're probably feeling pretty confident. A few are getting a bit cocky even... but I'm telling you - sell the lot, get the hell out and don't come back til August ' BD 2011

    Which I did. Stockplaya said afterwards, why are you selling when sentiment has just turned for the better? That was May 1 I think.

    Where is Stocky? I know Disco's off chatting about Tour de Frog.

    I'm not being cocky, I know it may seem like another damned sell in may gloat. The relevent bit was - don't come back til August. I felt so bad about leaving you PF busted XJO trendies, I joined right back in in July.

    I'm also not being negative and miserable because thers is a glow on the horizon (apart from next year's election).

    Trendies of the accomplished kind

    Bears, suffer in yer jocks. They that knoweth, speaketh...

    '.. read this morning that strategists on Wall Street recommended allocation to stocks is at a 15 year low. Bonds at a 15 year high. Now if that isn't a buy signal I don't know what is.' Paddington

    Yes, little Janey's loading her six shooter.

    'Crazy stuff and bargains galore.I am taking a break from this just to formulate the next strategy. Talk about a kid in a sweet shop:' )Jeeper

    Jeepers got lots of Telstra and div payers so not feeling tooo much pain?

    'A simple terminology re shares THE CLEARANCE HOUSE atm.' Maxi

    Is that good or bad Maxi?

    Leaving us with our powerhouse chartist and BHP specialist. His favourite quote is ..better to keep quiet and let people suspect your are a fool, than speak and confirm it. Introducing our Trendy of the day...



    Mongombolo, or as we in the know, know him (and wife) Sonny and Cher.

    ' Despite the modest move down, our miners are getting hit for a six, and BHP has broken the June low of $30.50' Mongo

    He also prefers in averaging up, not down. So you'll tell us when it's going up? hmm?

    Buy orders in for BHP at $29-50.

    Happy trading trendies.

    PS Away on a course tomorrow, anyone for opening the Zoomba? Disco xxx





 
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