PEB - Pacific Edge Ltd

[MAC]

That’s the thing isn’t Skid, it can be crystal ball gazing at times, selling today when the US markets are already 8 or 9% into what may only be a 10% correction can be a fraught with all sorts of uncertainty in itself, then there is the risk of mistiming a re-entry, could be tomorrow or on any day that a FED official chooses to sneeze, could gap higher and then that humble 1% differential less brokerage and tax is toast.

You may have jumped out earlier on, but for others to have a go today they would have to have cajones of steel or some serious skills to make such an equation routinely work.

Still generally I think for most folk, the risk of being out of the market is greater than being in until the central bank tightening cycle concludes, that’s a fair way off yet, could even be 2016 IMO.

[skid]

Actually I would have been better off to have jumped today (1ct)--And you may be right--Just dont like the look of the odds ATM,and dare I say it ,Im leaning towards the TA ers ATM-- and...That was a close call last night.

Does a correction have to stop at 10%?

Interesting day though--all that and it ended up at the same SP (and not one 86 in the lot!)

[winner69]

Actually I would have been better off to have jumped today (1ct)--And you may be right--Just dont like the look of the odds ATM,and dare I say it ,Im leaning towards the TA ers ATM-- and...That was a close call last night.

Does a correction have to stop at 10%?

Interesting day though--all that and it ended up at the same SP (and not one 86 in the lot!)

Correction 10% to 20%

Crash 50%

And then the up trend starts again

[Casino]

Correction 10% to 20%

Crash 50%

And then the up trend starts again

If you're looking at blue chips.

[couta1]

Correction 10% to 20%

Crash 50%

And then the up trend starts again

Well I must say Winner that bit about the up trend starting sounds good, I will then be able to do the countdown( Or is that count up) from minus 222k toward zero, you never know it may even go past zero now wouldn't that be a bonus.

[couta1]

minus $222k all up?

OR

minus $222k on PEB alone?

All up NG just minus 22k on Peb

[Casino]

Well I must say Winner that bit about the up trend starting sounds good, I will then be able to do the countdown( Or is that count up) from minus 222k toward zero, you never know it may even go past zero now wouldn't that be a bonus.

State Two – Losing
The ACCG indicates that the losing stage lasts longer than 5 years. During this time, the action compulsive gambler bets increasingly larger sums and steps up the pace and frequency of his gambling. If queried, he will usually dismiss it as “just a losing streak,” insisting that he can recoup his losses. In such self-delusional state, he doubles down on bets, and bets on the long shots even when he has the nagging feeling they won’t win – all in the hope of the big payday. The result is he loses much more often than he wins and, consequently, bets even more money in the frantic race to win it all back, a practice known as “chasing his losses.”

http://www.elementsbehavioralhealth....sive-gambling/

[couta1]

QUOTE=NewGuy;512081]Phew! You had me worried there. [/QUOTE]
Im guessing you and i are suffering most on our Sum holdings due to the size of them.

[couta1]

State Two – Losing
The ACCG indicates that the losing stage lasts longer than 5 years. During this time, the action compulsive gambler bets increasingly larger sums and steps up the pace and frequency of his gambling. If queried, he will usually dismiss it as “just a losing streak,” insisting that he can recoup his losses. In such self-delusional state, he doubles down on bets, and bets on the long shots even when he has the nagging feeling they won’t win – all in the hope of the big payday. The result is he loses much more often than he wins and, consequently, bets even more money in the frantic race to win it all back, a practice known as “chasing his losses.”

http://www.elementsbehavioralhealth....sive-gambling/

Gone past this stage Casino, not trying to recoup losses just happy to sit long term on what I've got now and add to my dividend paying stocks, I'm actually quite at peace even sitting on a big paper loss as all that frantic buying and selling wears you to a frazzle and I don't feel like paying a brokers salary in fees this year.

[Casino]

Gone past this stage Casino, not trying to recoup losses just happy to sit long term on what I've got now and add to my dividend paying stocks, I'm actually quite at peace even sitting on a big paper loss as all that frantic buying and selling wears you to a frazzle and I don't feel like paying a brokers salary in fees this year.

That's a good attitude. Small tech stocks should only be a small fraction of your portfolio. You should also make it habit to set yourself stop-losses and stick to them. It makes all the difference.