Russell, i have lots of longs.
60% longs; 40% cash
I havent added to any positions or taken any new longs today, but on the next 'dip' - maybe monday or tuesday, i will
Fed will cut rates on Dec 11. The market knows it, and they will hold steady or rally until then. They wont fall - not with that on the short term horizon. It provides protection/insulation.
On CNBC last night, UBS's cheif equity strategist out of NY was saying the marekts would rally 10% until xmas. I dont think 10%, but i always thought the recent correction was self-fulfilling. It was a textbook self-fullfillng 10% correction imo.
Having said this, im not the bull is was for 1st half 2008. But i expect a strong 2nd half 2008. I will trade according to that - unless things change -> which they prob will; we need to be dynamic and responsive
I will add longs on either mon, tues, or wed next week regardless
What longs did you add?
- Forums
- ASX - By Stock
- u238z1 steals another 100000 bhp
Russell, i have lots of longs.60% longs; 40% cashI havent added...
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
|
|||||
Last
$41.46 |
Change
-0.180(0.43%) |
Mkt cap ! $210.2B |
Open | High | Low | Value | Volume |
$41.85 | $41.93 | $41.46 | $335.0M | 8.041M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6629 | $41.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$41.50 | 16313 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6629 | 41.460 |
13 | 5551 | 41.450 |
2 | 328 | 41.440 |
1 | 1327 | 41.430 |
2 | 7482 | 41.420 |
Price($) | Vol. | No. |
---|---|---|
41.500 | 5000 | 1 |
41.540 | 1900 | 1 |
41.550 | 5000 | 1 |
41.560 | 14488 | 1 |
41.590 | 1084 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online