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03/10/20
11:21
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Originally posted by telamelo:
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I think we know our stuff/trading strategies etc. pretty well Rick as like yourself was doing really well over these past few month's but unfortunately 'big over reaction' to Trump's covid-19 news threw this down the drain somewhat as you said. It just doesn't make any sense whatsoever how many a time our Aussie market nose dives without any valid reason only to see the US market contradict our initial 'panic sell down' reaction. That really gets to me as no matter how much we know Rick you can't plan for stupid over reaction on our market yesterday. I had loaded up on PLT & was up +4.23% only to see it reverse -7.3% in less than 1 hr - crazy stuff as no valid reason/fundamentals etc. to justify our market behaviour doing what it did arghh That's my rant for this weekend in wishing everyone all the very best for the week ahead. Cheers tela P.S. Think I better take my blood pressure tablet & go do some medidation outside in the sun
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Same thing with me on 3DP, Waited all day to get at .51 then all of a sudden it immediately dropped to .45 and closed at .47. I had not heard the news so could not understand why until after market closed. Even my free held TMZ dived. Portfolio closed over twice my worst ever loss on one day.