ASX 0.44% $67.26 asx limited

watch out for bargains, page-4

  1. 980 Posts.
    wake up to yourself and the market.


    even though it may appear to be a "recovery" it is merely a dead cat bounce.

    the time is now for the perfect excuse for a continued sell off.

    set your time horizon for the next two weeks.

    but i put my hat in the ring, and I have gone short. i have had long term puts on the XJO for a while, expecting something like this to happen and finally green on them... i am continuing to hold them because we have yet to reach the bottom.

    bought more today well... so who says you cant make money in a down market.

    as for bargain hunters... it may have been bargain today, but there's a firesale just around the corner :)
 
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