Voltaire gave three warnings yesterday. I am a believer in experience!!
'A big and sharp down move should start any time from here.' Voltaire - May 25th 2011
'Ah, people throwing up their arms in despair and selling out. A sure sign we've hit the bottom, lol. I'm looking for a bounce tomorrow.' Mongombolo - May 25th 2011
'The odds favour a bounce in the next day or two.' Redbacka May 25th 2011
'Sold my puts today, i've had a gut full of this market, may see you in the new FY11/12.' Tradingmungbean 25th May 2011
Hmmm - don't know what to do. Dump the lot?? Or look at this chart.
Thoughts anyone?
My Crappy Portfolio - end of trade Wednesday.
Stock Qty Purch LastPrce Pft/lss
AGO 20000 3.54 3.46 -1590
AWE 30000 1.55 1.35 -5904
LEI 500 30.81 23.58 -3615
RIO 2500 81.17 79.01 -5398
BHP 3000 45.44 42.97 -7420
MQG 500 35.09 32.80 -1145
TOL 3000 5.56 5.09 -1400
ORG 1200 15.67 15.80 +156
PDN 5000 3.45 3.09 -1770
QBE 1000 18.07 17.37 -900
May 23 Down 28986 (-4.91%)
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