"Seems the Dow went partying without condoms again last night, so the All Ords might be left cleaning up the mess again!"
Hahaha classic Raks, absolutely classic. I am going to use that at some stage, with your permission.
timeto, I guess I just like to brace myself for what may be coming, and just think of the bigger picture. It can help you not make silly decissions.
I have panic sold a few times over the year, and almost every time, I have had to buy back more expensive. ALMOST every time. I did sell CVI at around 30c and pick them back up low 20's the first time we had a big sell off. But that was lucky. I have gotten it wrong more then right when selling out of fear. I think this kind of selling is where tIVp gets his 'dweeb'label from. Lemmings following each other off a cliff.
Different scenario to selling with a clam head and with the knowledge you are selling for a good price and will be able to get them back cheaper. I have done that a few times and as a result have more then double the exposure I did in October.
I would just be gambling if I tried to do a trade today, and I haven't got the energy (hung ovvvvvver).
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held