AFF Member Stock Discussion

[cove]

The futures are down so Monday may be a tough day unless you have shorted something.

 

[MARTINE]

Um. It’s the stock market? irrationally rules.

Yep. Fear and greed my friend. Just don’t bet the house on red when the wheel spins…I have no Bitcoin and dont plan to start …prefer ‘real’ companies but maybe I’m missing something - conscious pass

 

[daft009]

2 of my 5 ghetto mining rigs back in 2014 or '15 when BTC was around $1k.

Sold all the hardware quite a few years ago and ended up at a pretty much no loss no gain scenario.

Still holding the BTC, don't really care what happens, will sell if it gets to $1mil I think, no rush

 

[Buzzard]

I'm expecting a red day tomorrow.

 

[MARTINE]

I'm expecting a red day tomorrow.

Got the shopping trolley ready?

 

[daft009]

so where's the bottom?

 

[cove]

Not today @daft009.
Mrscove wants me to buy more shares for our favourite eldest son but we can be patient.

 

[MARTINE]

so where's the bottom?

If I knew it would be too easy (and I would be lying). I love buying shares for the next generation - along with education it’s one of the useful things money can buy

 

[Buzzard]

Got the shopping trolley ready?

There will have to be a big fall before I buy more.

 

[cove]

Bitcoin is getting hammered tonight.
CTD went up in a bad market day.
AUD is falling tonight.

 

[SydneySwan]

Judging by the US markets overnight we are in for another day of red ink today. I might add to a couple of positions.

 

[cove]

There was a big turn around in the US markets towards the close so no red ink for the Dow. That helped the AUD recover a bit.

 

[jrfsp]

Nothing like wiping 6 months of gains!

 

[VPS]

How low should I wait for APT to get?

 

[burmans]

Nothing like wiping 6 months of gains!

Yeah, we seem to blindly follow the US on the way down, unfortunately not so much on the way up!

 

[jrfsp]

Still "Just the usual daily fluctuations" ?

 

[k_sheep]

Urgh hubby is trying to sell things off to get out before the dip ... I am not agreeing with his plan! I think he's got ... what's the reverse of FOMO?

 

[tgh]

trying to sell things off to get out before the dip

Doesn't work….by the time you/I/we realise what is happening..it is already too late.
Sit this it out.. fundamentals are ok...

 

[cove]

Ok we bought some Codan, West African and Cromwell.
Codan short report was best ever. Full report still to come,
West African tanked due to a coup in Burkina Faso.
Cromwell to get 8% on parked money.

 

[MARTINE]

Urgh hubby is trying to sell things off to get out before the dip ... I am not agreeing with his plan! I think he's got ... what's the reverse of FOMO?

OMOF!