hi missionx
I enjoyed your last post - lots of great rationalisation therein.
I established a SMSF in June 2007, aiming to be an investor for retirement. However, my spreadsheet tells me my stock ownership only lasts 3 months & where I have held on because of guilt conscious re ATO expectations it has cost me $money. I have resolved therefore to offer explanations to my auditors & the ATO if need be.
I am yet to meet a SH who likes the SP going down when they hold it, but as a glass half full investor [heheeheee] am still treating the current SP weakness as a buy-in opportunity. I empathise with those whose loyalty to OXR & ZFX has led to margin calls etc though. IMHO I think most of the pain is behind us - must be time for a rebound & I note that the huge volume sell down to $2.51 on Friday led to a solid rebound & possibly to confirmation of a triple bottom struck on Jan22.
4YIO - NFA
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