RHK red hawk mining limited

technical analysis, page-9

  1. 2,084 Posts.
    Hehe pelm1, it is quite possible I am naive since in the market there are always something out of our expectation.

    Are you sure it is because FMS IO is not good and then the price comes down? Back to four months, would you be so confident about the dark days now? I have about 20 penny chips. I would not sell any of them.

    If the Great Depression comes in, I would be hurt without matter if I hold them or sell them. I also hold XAO index funds since 2005. I don't believe the sky is falling down.

    The financial crisis may be very serious but the global environment is much better than that in 1929. US gets trouble, Australia could not be immune. But if US become stable and the global economy move back its normal track, XAO would recover, IO demand would be increased, and if FMS IO is huge, it will make FMS.

    Have you check the price movement of XAO between 1973-1987? Have you checked how long resource booming driven by Japan economy expansion? Nothing goes up in straight line and no one could see the future very clearly. Are you sure you see the future very clearly?

    If the world drops into the Great Depression, what could you get? what could you lose? would you be hurt less than others? You are not sure, ain't you?

    However if the sunny days come in next year or the year next and most of my seeds are alive, what should I expect? Don't think I am crazy. My risk is affordable so far even in the recession but definitely not good to sustain a Great Depression.

    Are you calling the Great Depression? Not sure? It is all. The great money comes from the risks. The storm hit the weak mind into panic. The more they burnt the money on the fire the better.

    The traders could not decide FMS's future. 17% dropping to traders are huge but to those who are for all or nothing is nothing. We are patient enough and would like to take the consequences. We don't cry and don't run but stay at where we are.

    Let's wait and see. If I want to sell, I could not get FMS in black in this bloody tsunami. LOL. I gamble pennies for dollars and I have to wait.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.