OAK 1.41% 7.0¢ oakridge international limited

XPE Charts, page-11989

  1. 4,654 Posts.
    lightbulb Created with Sketch. 33

    Further to my previous post

    Most of us would remember the horrific catastrophe of the twin tower collapse and the momentary impact it had on the stock market. I recall even blue chip stocks being hit very hard.

    CBA if I recall correctly fell to $22 a share only to then bounce back to where it started.

    The market reaction had nothing to do with the FA of the blue chips. All fear and panic.

    If someone stuck to their trading rules in that scenario they would made significant losses - for what? A moment in time.
    Perhaps they sold and bought back in and minimise their loss. A lot of mucking around for what?

    Probably better off lying on a beach somewhere oblivious to the whole thing. La dolce vita.

    Anyway, each to their own.
    Last edited by PrimoTrader: 30/03/17
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