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16-10-2020, 04:33 PM
#6911
Originally Posted by winner69
Hope we finish up for the day
Otherwise I'll be reading in market commentary 'OCA saw profit taking after a strong run up to record highs'
OMG - I could be a market commentator / journo and make a living writing crap things that punters love to read
Yeah I often laugh at the reasons these commentators give for daily sp drops, I reckon they make it up or take a guess most of the time.
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16-10-2020, 04:36 PM
#6912
Originally Posted by couta1
Yeah I often laugh at the reasons these commentators give for daily sp drops, I reckon they make it up or take a guess most of the time.
Most have a list of phrases which they regularly use ...limited vocabulary
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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16-10-2020, 04:43 PM
#6913
Originally Posted by winner69
Hope we finish up for the day
Otherwise I'll be reading in market commentary 'OCA saw profit taking after a strong run up to record highs'
OMG - I could be a market commentator / journo and make a living writing crap things that punters love to read
You've missed your calling lol
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
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16-10-2020, 05:26 PM
#6914
I hope I didnt jinx this, but I bought back some of what I sold this morning, at 10 cents less. Just like getting a dividend.
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16-10-2020, 05:44 PM
#6915
if the chart is similar to before...the sell off's run down for a while...
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16-10-2020, 06:07 PM
#6916
Hardly a sell off. Down 2 cents. That said some consolidation around the current level is to be expected I would have thought, before the next leg higher.
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
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16-10-2020, 06:13 PM
#6917
Originally Posted by Beagle
Hardly a sell off. Down 2 cents. That said some consolidation around the current level is to be expected I would have thought, before the next leg higher.
I think Waltz means that for those that purchased @ 147 and 148 today, during the frenzy, there's been a sell down since.
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16-10-2020, 06:19 PM
#6918
yeees but the open and close are what is recorded... and the chart wont show it ... MR B is Correct. How ever i am expecting this to go side ways for a while.... expecting but if people believe .. well the usual chart thing might not happen. good day to see it fail the 150 mark thank you. Only because we just dont have any where near what we need... and wont have since we nearly fully allocated until 2 stocks return to profit... oh well there will be another crisis..just too many people on the planet to avoid them....
as Richard Quest would say
A Ve e ry Pro o f i t a b l e Y ee a rrr!
Last edited by Waltzing; 16-10-2020 at 06:25 PM.
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16-10-2020, 06:25 PM
#6919
Today’s action must have made be an interesting candle pattern on the chart ....any name for it ....looks bearish or too early to tell.
Last edited by winner69; 16-10-2020 at 06:35 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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16-10-2020, 06:27 PM
#6920
wonder which fund winner works for ...
photo deleted ,,, you had to be fast.....
Last edited by Waltzing; 16-10-2020 at 06:29 PM.
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