AFF Member Stock Discussion

[Mr_Orange]

I am in Vic - don’t plan putting any more money into RE ( you buy a raft of taxes with a house attached), low interest = miserable bank returns, equities need to go a little lower before I buy back in.
I would do just as well stashing in the Bank of Sotto Posturepedic

I'm not putting any more in but, values rising, rents rising and interest rates falling makes Mr_Orange a happy camper!

 

[prozac]

So far the new US policy created 220,000 jobs in February well up on the anticipated 150,000 jobs. Korean car maker Hyundai has announced it will build 2 car plants in Alabama and in Georgia, investing $21b.
Hopes of increased manufacturing in Aus are slim without enough base load electricity to power, anything.

 

[Radio8tiv]

Any insight into the reason for the drop?

Nothing that I could see, but then I’m not a pro

 

[SydneySwan]

Market down 6%. CBA down over 8% which is $13! Anyone buying?

 

[moa999]

Financial stocks were got hardest in US on Friday so that's not a surprise

 

[Quattro]

Market down 6%. CBA down over 8% which is $13! Anyone buying?

CBA and BHP for me. Nothing exciting.

 

[Dr Ralph]

Market down 6%. CBA down over 8% which is $13! Anyone buying?

I'll buy CBA at $100.

 

[prozac]

Market down 6%. CBA down over 8% which is $13! Anyone buying?

Not yet buying anything. Hard to sit on one's hands but IMO there are more falls to come.

 

[Quattro]

I'll buy CBA at $100.

Should be by Thursday

 

[I love to travel]

Not yet buying anything. Hard to sit on one's hands but IMO there are more falls to come.

I tend to agree. But transferring money today in case things start to turn around. Dow futures down about 3% atm

 

[drron]

Miners having a very bad day. Had been holding up before this. Of course the new US tariffs don't apply to their products. We are now in irrational territory so this might go on for some time. Gold has come off it's highs but holdnig above $A5000.

 

[MARTINE]

I plan to by end of week if keeps dropping - good discounted stocks

 

[Quickstatus]

Market down 6%. CBA down over 8% which is $13! Anyone buying?

No, wait for Mad Monday. its Sunday over there

 

[I love to travel]

Only down by 4% now

 

[prozac]

I heard a quote by a regarded economist from years past who said the market became irrational when the herd started running. The herd in this instance was journalists.

 

[MARTINE]

I heard a quote by a regarded economist from years past who said the market became irrational when the herd started running. The herd in this instance was journalists.

The oracle of Omaha always gets it right
‘When people are greedy be scared…when people are scared be greedy’

 

[SYD]

Only down by 4% now

My direct share holdings were down 6+% when I first looked (overweight in Banks, Mining) but now less than 4% down (one stock is actually up!).

I suspect some opportunistic buying (or peeps forgot to remove some auto buy orders!).

Yes, I'm going to wait and see what happens overnight in the US and possibly go bargain shopping tomorrow / later in the week. Although, the worst is possible still yet to come. No one really knows.....

LYC is getting some love. "Raw (sic) earths" are flavor of the month.

 

[Quattro]

I missed NAB. Let's see what tomorrow brings

 

[Buzzard]

I might have to transfer some $$ into my trading account.

 

[SYD]

I might have to transfer some $$ into my trading account.

Nabtrade has a high interest account (4.25%). I left some there the other week - just in case!

Edit: I wish I left more - rather than buying some things I thought were cheap...