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03-11-2017, 01:55 PM
#6871
Speculators will speculate - its in their nature
Why short ?...because they can in Aussie quite easily and speculators are by their nature speculators at heart and will do what they do. Its no different to a killer whale eating a sea lion pup, its repugnant to us but its in their nature and they're just as hungry for a feed as those who hold a long posiotion so they do it. After such a big bounce yesterday I suspected they'd come out and play today. With all the extreme volatility the hound is pleased he's gone to ground with only a modest free carry stake left.
Last edited by Beagle; 03-11-2017 at 01:58 PM.
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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03-11-2017, 02:05 PM
#6872
Originally Posted by Beagle
Why short ?...because they can in Aussie quite easily and speculators are by their nature speculators at heart and will do what they do. Its no different to a killer whale eating a sea lion pup, its repugnant to us but its in their nature and they're just as hungry for a feed as those who hold a long posiotion so they do it. After such a big bounce yesterday I suspected they'd come out and play today. With all the extreme volatility the hound is pleased he's gone to ground with only a modest free carry stake left.
With all these ups and downs and longs and shorts I take it everybody wins ...or do some lose
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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03-11-2017, 02:12 PM
#6873
Originally Posted by winner69
With all these ups and downs and longs and shorts I take it everybody wins ...or do some lose
Brokers win that's for sure...it has been said that investment is somewhat like owning a bar of soap, rub it too much and...
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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03-11-2017, 02:18 PM
#6874
Originally Posted by winner69
With all these ups and downs and longs and shorts I take it everybody wins ...or do some lose
Too many ups and downs for me! I not feeling like a winner Winner
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03-11-2017, 04:40 PM
#6875
Calm down calm down, lets not forget this stock hasn't had a rest since 6.50,it's absolutely natural for profit takers to come in and give the assenting share price a bit of rest to catch it's breath.
If you look at the charts you can see it was overdue,so just relax,sip your pina colada and wait quietly for the next faise.
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03-11-2017, 04:56 PM
#6876
Originally Posted by RupertBear
Thanks for mentioning this book moka, I have just downloaded it from Amazon, looks very interesting
You are welcome. For me sharetrader is about sharing knowledge. I have learnt a lot from this forum and I think we are really lucky to have such a great resource in New Zealand. I went to HotCopper the other day for some information and a couple of minutes was enough for me. So many insulting personal attacks and negative comments. I did find what I was looking for though.
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03-11-2017, 05:00 PM
#6877
Consolidation is comforting...
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03-11-2017, 05:02 PM
#6878
Originally Posted by kizame
Calm down calm down, lets not forget this stock hasn't had a rest since 6.50,it's absolutely natural for profit takers to come in and give the assenting share price a bit of rest to catch it's breath.
If you look at the charts you can see it was overdue,so just relax,sip your pina colada and wait quietly for the next faise.
Agree. Healthy correction before the next phase. Enjoying my pina colada. TGIF.
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03-11-2017, 05:10 PM
#6879
Originally Posted by winner69
With all these ups and downs and longs and shorts I take it everybody wins ...or do some lose
I would say that in the past I have lost money because there have been occasions with other shares over the years when I have been scared out because the price dropped when there no reason, and then went back up again. I wasn’t aware until now that the market was manipulated to go down by those shorting shares. You don’t know what you don’t know.
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03-11-2017, 05:32 PM
#6880
Originally Posted by winner69
With all these ups and downs and longs and shorts I take it everybody wins ...or do some lose
That's like asking if everybody playing at a casino wins.
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