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Another Sea of Red for Aussie Markets; Australian shares took another big hit as blue chips plunge
Topic Started: 1 Sep 2015, 07:13 PM (13,775 Views)
herbie
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Poontang
29 Sep 2015, 08:56 PM
I got through the carnage with a massive rise of .3% :)
If that's indicative of your overall performance then Onya Poony! 'n stick ta shares I reckon! - You're just not a dumb fuck like me what needs ta stick ta property ... :re:
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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deluded
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Matthew
29 Sep 2015, 08:55 PM
Attention Bears - the market does not need to crash. Markets can dip and not crash. That is why you go to bed every night hopeful and wake up disappointed. How long can you hope that misery will one day make you happy? You are all miserable now waiting and praying for your friends to be miserable so you can say "I told you so". You are a pack of oxygen thieves, and not particularly intelligent ones at that.
They dip. And then you buy the dip right?

:lol
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Matthew
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deluded
29 Sep 2015, 09:48 PM
They dip.
Yes

Quote:
 
And then you buy the dip right?
No

Quote:
 
:lol
right back at ya
My only hope for my three boys is that they turn out nothing at all like Chris.
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Matthew
29 Sep 2015, 08:55 PM
Attention Bears - the market does not need to crash. Markets can dip and not crash. That is why you go to bed every night hopeful and wake up disappointed. How long can you hope that misery will one day make you happy? You are all miserable now waiting and praying for your friends to be miserable so you can say "I told you so". You are a pack of oxygen thieves, and not particularly intelligent ones at that.
Was near 7000 in 2007.

Some interesting reading for you all.

https://en.m.wikipedia.org/wiki/Panic_of_1907

Found this bit amusing too.

 Early in 1907, Schiff warned in a speech to the New York Chamber of Commerce that "unless we have a central bank with adequate control of credit resources, this country is going to undergo the most severe and far reaching money panic in its history".

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deluded
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Matthew
29 Sep 2015, 09:55 PM
Yes


No


right back at ya
Ok. So you buy the rip and then sell the dip?

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Matthew
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deluded
29 Sep 2015, 10:05 PM
Ok. So you buy the rip and then sell the dip?
No
My only hope for my three boys is that they turn out nothing at all like Chris.
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Poontang
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herbie
29 Sep 2015, 09:05 PM
If that's indicative of your overall performance then Onya Poony! 'n stick ta shares I reckon! - You're just not a dumb fuck like me what needs ta stick ta property ... :re:
I'm up about 60% since I started posting here, Herbie. Can not say I have got em all right. More right than wrong. A couple sold too early but capital was protected. Looking at a total loss on two trades. One a $20k trade and the other $5k Might be lucky with cents on the dollar back on the $20k one.


Nothing wrong with property in my view Herbie. I just think greater returns are possible through shares. The risk is greater though. Good, steady rental returns have appeal too.
Edited by Poontang, 29 Sep 2015, 10:20 PM.
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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deluded
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Matthew
29 Sep 2015, 10:10 PM
No
So when should I buy? And when should I sell?
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hidflect
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deluded
29 Sep 2015, 10:29 PM
So when should I buy? And when should I sell?
You buy stocks that are showing growth and ignore the pundits and the index. I made 3.19% gain today (SBM). Doesn't matter what the index does, they keep digging up gold and selling it.
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Ex BP Golly
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Matthew
29 Sep 2015, 08:55 PM
Attention Bears - the market does not need to crash. Markets can dip and not crash. That is why you go to bed every night hopeful and wake up disappointed. How long can you hope that misery will one day make you happy? You are all miserable now waiting and praying for your friends to be miserable so you can say "I told you so". You are a pack of oxygen thieves, and not particularly intelligent ones at that.
How many I.O. Loans do you have lol
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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