Trading Tactics for tough times - Alan Hull

Discussion in 'Share Investing Strategies, Theories & Education' started by Simon Hampel, 20th Jun, 2008.

Join Australia's most dynamic and respected property investment community
Page 2 of 2
  1. BillV

    BillV Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,555
    Location:
    Sydney
    Sim,

    I am also into capital preservation mode.
    Short term I am cautious and will only be buying oversold companies.
    Long term I'm not sure. The next 6 months are critical IMO. The clouds should clear by then and should be showing me the direction I should take.

    Generally I'd be going for resource stocks but I see that world economies are now hurting due to high petrol prices and people are tightening up their belts. So I am thinking that after the Olympics China could slow down and our resourse stocks could take another hit.

    Also, we could have a war with Iran and this could make stock markets come down further. Interesting times... :)

    Cheers
     
    BillV, 3rd Jul, 2008
    #21
  2. crc_error

    crc_error The Rule of 72

    Joined:
    1st Jul, 2015
    Posts:
    1,267
    Location:
    Melbourne, VIC
    personally I'm waiting for the all ords to hit 4500, this is when I will buy.. until then cash is king!

    look at the LPT sector.. it has done its 50% retracement.. so it would be good buying now...
     
    crc_error, 4th Jul, 2008
    #22
Page 2 of 2