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15-04-2020, 01:17 PM
#16261
Originally Posted by sb9
Tht once ASX opened for trading we might be pulled back as per usual, but looks as though this is a breakaway gap. Put up almost $2 in space of 2 days, that's insane at this level!!
Not complaining though, my portfolio suddenly fattened quite a bit, higher than pre-covid times
Knock Knock Knocking on Heav... $20 door. Might let it ride for a while and see where it goes. ps Am looking forward to the return of the shorters, we want more bargains.
Last edited by see weed; 15-04-2020 at 01:19 PM.
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15-04-2020, 02:15 PM
#16262
Originally Posted by see weed
Knock Knock Knocking on Heav... $20 door. .
Nice times for holders.
Can't help reflecting that it wasn't so long ago that some notable posters on ShareTrader were advocating selling out of shares and sitting tight on their piles of cash/bonds/managed funds etc (Gold was even mentioned.)
Way back in the 1987 crash I cashed out and didn't touch shares again for years. In these Covid times I changed strategies and chose to ride out the covid storm
Sure we may be in the midst of a DCB, sure it is early days, however IMHO time's like this (low interest rates etc) is the time to stay invested because where else can we beat inflation. It is much wiser (in sailing terms) to to trim your sails (get rid of non performing or risky shares) and follow where the winds and tides lead. Those who cashed up are still sitting in port, while those who sailed on and are riding the storm (albeit with trimmed sails) and are heading to some very lucrative ports.
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15-04-2020, 02:54 PM
#16263
Watch this space when George announce a new CEO in a few months.
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15-04-2020, 03:04 PM
#16264
Originally Posted by tomm
Watch this space when George announce a new CEO in a few months.
Who's George? You got the right thread???
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15-04-2020, 04:27 PM
#16265
Originally Posted by Ted2
Who's George? You got the right thread???
George and Mildred
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15-04-2020, 04:35 PM
#16266
Originally Posted by Left field
Nice times for holders.
Can't help reflecting that it wasn't so long ago that some notable posters on ShareTrader were advocating selling out of shares and sitting tight on their piles of cash/bonds/managed funds etc (Gold was even mentioned.)
Way back in the 1987 crash I cashed out and didn't touch shares again for years. In these Covid times I changed strategies and chose to ride out the covid storm
Sure we may be in the midst of a DCB, sure it is early days, however IMHO time's like this (low interest rates etc) is the time to stay invested because where else can we beat inflation. It is much wiser (in sailing terms) to to trim your sails (get rid of non performing or risky shares) and follow where the winds and tides lead. Those who cashed up are still sitting in port, while those who sailed on and are riding the storm (albeit with trimmed sails) and are heading to some very lucrative ports.
Good post. Am doing a bit of both, portfolio up from 1/4/20 incl. long term, short term trading and divs lock down is normal for me as work from home.
Last edited by see weed; 16-04-2020 at 09:57 AM.
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16-04-2020, 10:23 AM
#16267
Watch this space when Geoffrey Babidge announce a new CEO in a few months.
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16-04-2020, 11:09 AM
#16268
Member
Originally Posted by tomm
Watch this space when Geoffrey Babidge announce a new CEO in a few months.
Should be plenty of quality applicants looking for a quality job
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16-04-2020, 11:14 AM
#16269
Originally Posted by tomm
Watch this space when Geoffrey Babidge announce a new CEO in a few months.
Its more than likely that DH (David Hearn-Chairman) and Board will put out that announcement rather than GB himself.
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16-04-2020, 12:19 PM
#16270
Current run is seriously insane...
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