I guess this is the only thing lifting my mood when looking at what just happened to my TAP shares ... ;)
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This might help lift your mood slightly more http://www.cnbc.com/id/102223303 or you could buy some AIR and hedge your position :)
And this, Ruskies getting it right up the date hole, how sad never mind
http://www.cnbc.com/id/102228742
Yup one of those days again. Higher lows looking pretty good for it.
Hey KW, are there any volality ETFs/ETNs on the ASX? I recently found out I can play VXX.NYSE but would rather keep my money closer to home...
with more funds becoming available been once again looking over some new strategic investments >>> have got Property - Bullion - Cash - Shares ....now maybe some funds to be used to trade in the likes of BEAR 1:1 leverage short ASX200 and BBOZ 2:1
Get some downside Protection for the coming correction we will have >>only a matter of time
https://www.lombardiletter.com/warre...-in-2017/6076/
BBOZ my only stock in the green today, even my goldies are down.
BBOZ on ASX. Not for the faint of heart with its leveraging but a comfort food when the market goes down
Initial Investment $10,000
Fund "short" exposure (as % of initial investment) 275%
Fund "short" exposure in $27,500
If the value of the Australian market falls by 10%
Initial Investment $10,000
Gain on short position (being 10% x $27,500) $2,750
Value of investment = $12,750
Return % 27.5%
If the value of the Australian market rises by 10%
Initial Investment $10,000
Loss on short position (being -10% x $27,500) = -$2,750
Value of investment $7,250
Return % -27.5%
my speculative stocks are down 50 - 60 % . I cant see the point in selling now ...... I sold half 2 weeks ago. Should have sold all. Now i have tax and provisional tax to pay . And losses are not tax deductible on ASX . ..mmmmm
Wow!
Attachment 11118
Discl: happy holder!