I'm expecting the shit to hit the fan on asx today, but imo, like a blowoff top, this is coming very close to a blowoff bottom.
Same here, its all a big game, man I'm retired 8 odd years now, I'd prolly be either in a box 6 feet down or in a mental institution by now if I didn't have the wildwest asx to while away my time. There only so much fishing and swimming you can do, but the asx casino is endless.
They’re a blast! You think Jonny was better than Timmy Sykes? I think that would have been a matchup in 2000 like Spy vs Spy. “ TIL 15-year-old Jonathan Lebed was making up to $74,000 a day in the stock market by using internet message boards to manipulate prices. The Government eventually went after him, but he was able to keep half a million dollars of his gains.” NYT 2001
Changing the subject slightly, these geezers are interesting..... but prolly not to everyones taste. These dudes run videos twice a week I think...? Typical Australian, 99% about Australian mining, entertaining and informative, they often have guest speakers, fundmanagers, company bosses on their show. If you love Australia, trading, mining, this is worth following imo. My wife, she's Asian, loves these guys, hehehe
Mick do you remember Jonny Lebed? “TIL 15-year-old Jonathan Lebed was making up to $74,000 a day in the stock market by using internet message boards to manipulate prices. The Government eventually went after him, but he was able to keep half a million dollars of his gains.” Reddit 2001 NYT notes
You might be right with your call on the low being close Mick. Xjo finishing at support region and you can see the lime green bars showing up as well which usually shows some form of a bottom.
I track about 185 hot stocks and the Asx indexes, uranium as usual did ok, plus lithium plus iron ore. Only about 40 green out of 185. They've been hyping iron ore as the sector most likely to be bearish this year. Lithium stocks also are shorted to billyoh, but they were looking ok today. The one stock I reckon is safe going ahead into the future is STX, Strike Energy, gas from the Perth Basin. I once held Norwest Energy, penny stock in Perth Basin but Mineral Resources gobbled them up, dang. I think local gummint is awaiting a decision on exporting WA gas.