Hey bud, I must admit I am watching it myself with the words "the market can stay irrational longer that you can stay solvent" ringing in my ears. Have been tempted to look at another bigger position but I also know they are manipulating the markets up (why I am late watching the US all night) so till cautious.
It never ends well when they do this, running markets based on nothing but the old "we can ring a few dollars out of retailers". Why bulls were so shocked in the initial leg down that resistance levels (key they thought) were cut through like butter as they weren't real to start with just manipulated on the charts by the big boys for the final burst up.
IMO BBOZ should be $6+ if it wasn't for the manipulation so medium term I am not worried can't see losing at these levels, markets going a lot lower. One thing though bud you won't know is you made two very good calls on gold in the last 18 months to 2 years (you know that bit). Well I was watching some key gold stocks a little nervous to pull the trigger being honest.
Until, I saw your posts then went in and made some very decent profits (that was both times same stocks etc). So basically bud while I am more a fundamental investor with a medium to longer term outlook you seem to be both a very good short term and longer term trader. So when I see you appear on something with a similar mindset is a good indicator to me anyway lol.
If you do take a position and as I said I am going to also soon, just being cautious, please let me know. While many here don't realize it you are very good at what you do and some of us truly appreciate your insights and posts. As I said at these levels IMO can't see myself losing BUT lower the better so watching very closely.
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-3553
-
- There are more pages in this discussion • 13,453 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
|
|||||
Last
8,023.9 |
Change
-3.100(0.04%) |
Mkt cap ! n/a |
Open | High | Low |
8,027.0 | 8,027.0 | 7,990.3 |
XJO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online