XAO 0.84% 8,552.6 all ordinaries

Short Term Trading Week Starting: 30 Apr, page-43

  1. 10,082 Posts.
    lightbulb Created with Sketch. 635
    Read something really funny today only invest in quality specs ...... Like seriously what is a spec.....

    A spec is a cycle and less the 1% succeed if we were only investing in quality wouldn't we be investing in the higher end.....

    Specs are simple-
    #raise cash
    #create the hype
    #keep constant news flow/updates
    #rinse and repeat

    Every year same crap same thing its just getting the timing correct on the pump and taking advantage of it no matter if its a complete dog it can offer a life changing return if entered at the right time .... Just look at WFE RFN QBL etc off there lows some amazing returns... Were they quality??? No they were hated hard but right place right time and look what can happen ...

    I got some real crap longs atm but they have cash and low Mcs so just gotta wait out this lull in the specs or get lucky enough to get a juicy ann on 1...

    The cashflow is so light in the specs atm im watching traps everyday have not actively traded hard since jan and will not do so until im confident i can get out safely on the given day ...

    Hope all is well
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.