aussiebear

Same happening here in Australia: https://www.abc.net.au/news/2021-06-28/can-regional-property-boom-continue-or-be-a-bust/100248228

Sounds good to me ... freezin' my tits off here ..🤨

It looks delightfully warm ... after 2 mild winters we're getting a doozy here, max of 11C today. Rest of the week not looking much better ...

I'm getting a heap of long signals on stocks that do well when the market sinks .. bring it on .. 😎

Much as I try to support Australian produced foods I despair at the generally bland palate of the average Aussie. I mean why would I buy a very ordinary can of pumpkin soup produced in Australia when I can purchase a pumpkin and coconut soup with delicate spices made in Thailand? I agree with Doc's comments re bread and it's the same here: fluffy, tasteless construction with virtually no nutrition. I buy imported wholegrain German rye bread which costs the same and one tasty slice is perfectly satisfying with a meal. Likewise with butter: no Aussie dairy makes garlic butter so I buy a Danish garlic butter which I use on everything, sweet and savoury.

Yes, I'm with you PullMyFinger .. technical stuff (like charts) I understand but the dark side of financials is a bit of a struggle to come to grips with.

Trading has been a bit choppy here lately and I thought the newbie daytraders might have gone and got real jobs however they're back in force. Check this one out: I bought this one back in January for 1.05 cents when there was a brief stirring of interest. It drifted back down until yesterday when I sold 2 small parcels, one at 1.4c and the other at 1.8c. Lo and behold it gets bought again today and I sold some more for 2.3c. Unbelievable. The company has a few oil and gas tenements in Alaska, no announcement, nothing has changed far as I know, rumour and innuendo it seems. But who's complaining. 😉

Well deserved ... 😎

Pretty sure it was Jimi .. had a quick look through the archive but couldn't find his post.

It was another outrageous week for me: turned over $7k buying and selling, slowly increasing my portfolio by taking back a portion of capital on the winners and using it to take a stake in others. Jimi, was that you who had shares in 100 small companies on the last big run? And paid for your house with the proceeds?

Funny thing is we have a local GME, a junior explorer .. took off like a rocket temporarily when the newbies heard the news of US GME and didn't read the fine print .. went into a trading halt and then the selling set in 😶

Totally crazy trading here in the speculative market. There's a massive FOMO factor. I'm a small player in small parcels and I turned over almost $6k this week without even trying. This is beginning to feel like a full time job, arrrrgh .. 🙄

Yep, same happening in Australia .. a $1 stock is considered expensive .. 😁 Under 10c is a popular choice. My sort of market. 😎

Oh that's one of the ten plagues I guess ..

You left out covid 19.. 😄