Hi ausietrader,"The reason was.......as i said before, easy...

Hi ausietrader,

"The reason was.......as i said before, easy manipulation to the low 40's that started to trigger stop losses. It sounds like you were one of them.

Correct i was butI got stopped out on the 9/11 at 53 cents.
Stops would have been closer to the action.

"IMO The only reason we will go lower than now is if the results are bad. Good luck with your re-entry."

I was looking for a break back above 52 but that has now changed also. There is usually a reason for such a big sell off...


"World markets play a big part. I learnt that lesson back in 2008 2009"

true, however there are plenty that havent fallen that far or are still in strong uptrends, for some reason this isnt.

"With the way things are in the world at the moment don't think a little outback stock from downunder won't be affected."

As above, its not just the state of the markets that have made this nearly halve in 10 days, something else has forced it.


Would need a really strong rise to consider a re-entry, but shall watch. dont like falling knives.


Cheers