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Discussion in 'Share Investing Strategies, Theories & Education' started by Brengun__, 25th Jul, 2007.

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  1. Brengun__

    Brengun__ Active Member

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    Todays news: The ASX is expected to fall sharply after the US market took a hammering overnight in what was the worst trading day since March 13.
     
    Brengun__, 25th Jul, 2007
    #1
  2. Tropo

    Tropo Well-Known Member

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    Are you nervous ?:p
     
    Tropo, 25th Jul, 2007
    #2
  3. Simon

    Simon Well-Known Member

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    Might be an opportunity Brenda??

    Days like this remember the saying ...

    "The Sharemarket exists to transfer wealth from the impatient to the patient."
     
    Simon, 25th Jul, 2007
    #3
  4. Redwing

    Redwing Well-Known Member

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    DJI is only down 1.6% :confused:

    I look at it, in that there may be some buying opportunities for Direct Shares as well as the volatility must be great for Navra :D
     
    Redwing, 25th Jul, 2007
    #4
  5. Brengun__

    Brengun__ Active Member

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    No, not nervous, more like a little excited as I might be able to buy more shares during a dip like today. I like to pay attention and will be checking the asx from time to time during the day. :)
     
    Brengun__, 25th Jul, 2007
    #5
  6. Redwing

    Redwing Well-Known Member

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    I'm watching some of the smaller miners on my watchlist that are in a six month uptrend
     
    Redwing, 25th Jul, 2007
    #6
  7. Tropo

    Tropo Well-Known Member

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    Check market AFTER lunch !! Say ... around 3 pm.
    Most of the time greenhorns open the market.:eek:
    Pro close the market.:D
     
    Tropo, 25th Jul, 2007
    #7
  8. Simon Hampel

    Simon Hampel Founder Staff Member

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    Gee - with media headlines like "Wall Street in dizzying fall" and "US stocks went into a tailspin overnight ..." - it's no wonder some people get panicky !

    Anyway - XJO down 1.2% just after opening, XSO down 1.3%, XPJ down 0.8% and XMM down 1.9% ... hardly something to cry about, but will be interesting to see which direction they head from here.
     
    Simon Hampel, 25th Jul, 2007
    #8
  9. Tropo

    Tropo Well-Known Member

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    6342 on XJO may be a low :eek: for today (my numbers = 6335; 6305; 6275).
    Media = hahahahaaaaaaa:rolleyes:
     
    Tropo, 25th Jul, 2007
    #9
  10. bundy1964

    bundy1964 Well-Known Member

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    Down 1.3% for the day.
     
    bundy1964, 25th Jul, 2007
    #10
  11. Tropo

    Tropo Well-Known Member

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    Oh well...tomorrow is another day in the office. ;)
     
    Tropo, 25th Jul, 2007
    #11
  12. bundy1964

    bundy1964 Well-Known Member

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    Sure is, stock market was the least of my problems today.
     
    bundy1964, 25th Jul, 2007
    #12
  13. Brengun__

    Brengun__ Active Member

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    It wasn't as bad as fortold. I managed to pick up a few WBC but that was all. Nothing else really excited me.

    I will just have to look forward to the new RHG float on Friday for some excitement. :D
     
    Brengun__, 25th Jul, 2007
    #13
  14. MIZBUF

    MIZBUF Active Member

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    well today my portfolio was down $19k - was out at docs with husband what do I care compared to gonna lose him soon to cancer-- DO NOT TAKE ANY NOTICE TO THIS WATCHFUL WAITING RUBBISH AS ESPOUSED FOR OLDER MEN FOR PROSTATE CANCER sorry better get back to topic
     
    MIZBUF, 26th Jul, 2007
    #14
  15. Tropo

    Tropo Well-Known Member

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    With full respect to your problem...how on Earth you can be down 19K ??
    Do you have a stop loss in place ??

    PS - Next level on XJO which may or may not be hit is 6235.
     
    Tropo, 26th Jul, 2007
    #15
  16. T.C.

    T.C. Well-Known Member

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    Maybe Balboa simply has a two Million dollar portfolio?

    Or a one million dollar resource heavy portfolio?

    See ya's.
     
    T.C., 26th Jul, 2007
    #16
  17. Glebe

    Glebe Well-Known Member

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    Maybe the paper loss is less than the CGT you pay when you sell out.

    Who says stop losses are for everyone?
     
    Glebe, 26th Jul, 2007
    #17
  18. Brengun__

    Brengun__ Active Member

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    Sorry to hear of your husbands troubles, it must be awful for him and for you. I wouldn't worry too much about the portfolio. Mine dropped by $5k today but most of it was big banks and good blue chip resources. I think they'll come back, bigger and better than before. ;)
     
    Brengun__, 26th Jul, 2007
    #18
  19. Tropo

    Tropo Well-Known Member

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    O yes. In this case no worries than ;)
     
    Tropo, 26th Jul, 2007
    #19
  20. Tropo

    Tropo Well-Known Member

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    Well, It all depends on your individual plan I guess.;)
     
    Tropo, 26th Jul, 2007
    #20