All Topics / Help Needed! / Economic Clock
- Originally posted by blogs:Originally posted by foundation:
In my opinion there are always buy opportunities in the sharemarket, you just have to buy on value in sectors that are about to ‘take off’… [blink] Now where have I heard that before?
GDR +4.88%
OSH +1.66%
ROC +4.99%Oh, and that’s just today’s gains…
Maybe I’m just a lucky stock-picker?F.[cowboy2]
***DELETED***
Seems the aurhor is not sure of Foundation’s abilities and has asked for proof whereby Foundation predicts tomorrows gains. I am sure we would all enjoy that test however I don’t expect anyone to perform under those conditions!
Please post in a more considerate manner in future.
Kindest regards,
Simon
You have got to be joking?? Whats so inconsiderate about asking someone to back up their statements?? He is bragging about how easy it is to make gains on the stockmarket, all I was doing was asking for some proof. As I said in my original email (still cant work out why it was deleted???) if it is so easy then how bout some tips??[thumbsdownanim If this is inconsiderate then maybe you should PM me to elaborate??
I would ask that you post your opinions in a less inflammatory manner.
I take it that Foundations claims offended you for some reason? I am not sure why but you asked for proof in quite an unpleasant manner.
You are welcome to write whatever you like but unless you do so in a less offensive way your posts will be moderated. We have been having some trouble lately and I am cracking down. It is perhaps unfortunate for you that you are the first to be sanitised [blush2]
All the best to you,
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Understood and sorry if for some reason my comments may have been taken the wrong way. His original post didnt offend me-takes a lot for that. My comments were more borne out of a sense of frustration with the internet, and in particular forums such as this where anyone can profess to be an expert and make outlandish statements without any proof what so ever. Half these people bragging about how much they know about property or stock could be 12 year old kids for all we know, and here they are giving out advice (which people may be taking!!!) I cant see the problem with asking for something to offer credibility when such statements are made?
That and the frustration I get from people who it seem are using forums to push their own agenda, rather then operating for the better of all members……i could easily say I have a portfolio of 10 million in property, made 100k last week,made 20% on stock yesterday and wrote a book on blah blah who would know any different[hmm]
Frustration understood. However, if you’d taken the time to read back through my posts before jumping in with an angry response, you’ll find that I’m always prepared to back my views with logic/reasoning/data, enjoy being challenged and, when appropriate, put in my place.
I’ll happily admit to being little more than a lucky mug with investments over the last 5 years or so, having no formal economics training, not being a millionaire, working 9to5, living a modest (frugal even?) lifestyle and never having written a book. I am about average in every way – IQ, education, income, looks, height, len… [blink]… ahem. [blush2]
For your specific pleasure, in the first hour of trade today:
GDR: -2.27%
OSH: -3.34%
ROC: -2.44%
AVE: -2.69%The only positive so far is gold up half a percent in AUD after the RBA left rates at 5.5%.
FWIW, I’m not advocating the ASX as a guaranteed or even likely place to make money in the near term. Earlier in this thread I wrote:
I’m expecting a fairly major share pull-back in late Oct-Nov. I’d put a dollar on the XAO below 4200…Given movements in the XAO have clearly outlined a ‘head & shoulders’ event over the last fortnight (Check a 10 day chart if you have access), as confirmed by this mornings heavy falls, I would, in fact urge caution.
Sorry we’ve got off on the wrong foot blogs. All the best.
F.[cowboy2]
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