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aussiebear

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Everything posted by aussiebear

  1. Same happening here in Australia: https://www.abc.net.au/news/2021-06-28/can-regional-property-boom-continue-or-be-a-bust/100248228
  2. Sounds good to me ... freezin' my tits off here ..๐Ÿคจ
  3. 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 ...
  4. I'm getting a heap of long signals on stocks that do well when the market sinks .. bring it on .. ๐Ÿ˜Ž
  5. 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.
  6. 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.
  7. 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. ๐Ÿ˜‰
  8. Pretty sure it was Jimi .. had a quick look through the archive but couldn't find his post.
  9. 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?
  10. 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 ๐Ÿ˜ถ
  11. 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 .. ๐Ÿ™„
  12. Yep, same happening in Australia .. a $1 stock is considered expensive .. ๐Ÿ˜ Under 10c is a popular choice. My sort of market. ๐Ÿ˜Ž
  13. Think the punters are already in Christmas/New Year mode .. very quiet action today *yawn*
  14. Global markets were overdue for a strong move; gold has been signalling a plunge for a a week or so ..
  15. Yes, I had exactly the same problem when I started my current (longer term) approach .. (smackies ..do not buy on breakouts ..) Now I wait for those who bought historically higher to cash out and those who are wanting to get in cheaply, start buying and I wait with uncharacteristic patience to get with the program. Much better. No $$ sloshing sideways earning nothing.
  16. Add to that a whole lot of trigger-happy newbie daytraders ... sheesh
  17. Absolutely tedious watching this market atm let alone trying to trade it. Paralysis has set in and until we get a major move (I'm thinking down) it's 2 steps forward, 2 steps back, 2 steps forward, etc, etc ..
  18. Yes, I'm with you Greg Fokker .. Over the last 20+ yrs I've worked my way through inheritances, superannuation, insurance payouts, etc. Just as well I own the roof over my head and have no debt or dependents. I'm not blaming the way the market performs: rather it's my own weaknesses and an over optimistic view of my abilities. I have worked hard to correct these and I think I see light at the end of the tunnel. Mind you I have said this before. In the meantime I pick up recyclables and cash them in, rent out rooms in my house on a casual basis and have a very modest lifestyle. I am eligible for the age pension if it comes to the crunch but I'm hoping to stay self supporting until I shuffle off this mortal coil. ๐Ÿ˜Ž
  19. Well that could be the case with these guys too but the charts show the 200 ma (daily chart) is rising and the macd (weekly chart) is also heading north. It could just be a short breakout of course but I'm thinking these dogs are about to get their day..
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