I've done quite a bit this morning, but with our market closed tomorrow, waiting till Wednesday seems prudent to see where the US heads over the next day or so. PS-A2 not down nearly enough for a top up.
Likewise. Was lucky to sell some ATM on Friday and this morning for $16,170 profit, but will buy them back at the right price. See how DJ finishes tomorrow. Keeping a hold on HLG for report and div soon.
Our market didn't have anywhere near as good a Jan as the US, so shouldn't correct as much either.
Yes good point mate. Our market was only just fractionally positive as a result of window dressing on the last day of the month. US markets have only given up half their stellar gains for January at this point. Latest John Ryder newsletter just out today opines that we were probably overdue for "an adjustment" that could lead to a ~ 10% correction but thinks a bear market is unlikely due to the fact that global growth is looking very good right around the world.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
In fact we are only today where we were last week Tuesday. So not even a week of gains lost in today's so called "huge sell off". Not sure what all the fuss is about really.
I had a little laugh when ASB only had three stocks on the entire NZX tab under biggest gains, never seen that before. Certainly was a day better not to look at stock performance!
I had a little laugh when ASB only had three stocks on the entire NZX tab under biggest gains, never seen that before. Certainly was a day better not to look at stock performance!
Down 2.1% on the day. NZH in their daily market report outlines CBL's woes but points out the share price was, "unchanged on the day." You tend to get that... you know, when a stock is in a trading halt.
Originally Posted by bull....
Reply With Quote
, but will buy them back at the right price. See how DJ finishes tomorrow. Keeping a hold on HLG for report and div soon.
Bookmarks