Haven’t been trading much at small end, BH, Hound & I still west of the divide.
I took a position in an old fav CLV < 45 other day, haven’t held for years but a recent cycle 4D play. (very good last 4D along with A2M affirming sector over last little while).
The trick with the 4c,4d & 4e cycles is patience, become aware of good model affirming numbers but don’t jump in with all the post Ann momentum, as frank would suggest from the log. wait until the herds legs tire, that’s when the true predators predate.
If you have a small list of stocks that impressed last reporting cycle, next few weeks is the time to consider for a short term entry if the SP is behaving as you expect, at a point where momentum has ebbed so to speak, the ‘noise’ of the original ann dissipated awaiting the wave of expectation leading up to next reporting cycle to begin, best to buy when ‘noise’ is low, sell when ‘noise’ is high.
Bit like the ebb tides, if you think the ASX doesn’t have a tidal component you’re having a lend of yourself, all good traders I know trade the gravitational tidal flows well on the large caps, buy the late ‘ebb’ just as dominant momentum outflows switch to inflows.
Hold a small investment in BTC, good week (needed it), also supplemented with a trade in same ETF’ the trigger the US strategic reserve thingy, to be fair don’t even know if it’s a real thing but trumpie reckons it’s a goer.
