Re: So, forum financial gurus...

by horace Tue 12 Feb 2013, 05:18

JGK wrote:
skully wrote:PMSL at the desperado financial guru who thinks superstition plays a part. Deary me, you are as financially "clever" as Wayne Swan. Got those voodoo bones out again?

Clearly you are having a very bad day.

Actually having quite a good day although I am off for a 3 day tax conference tomorrow which might send me to the point of insanity.

one person who I know wont be there is the guy I mentioned before has a hobby of advising the TO on loopholes that they can close...the guy got an AO recently groucho

by skully Fri 15 Feb 2013, 05:30

Can someone explain to me why a stock goes up when they post a shit result??

Rio Tinto announced a $3 billion annual loss today, yet their shares went up $1.61 or 2.2%. scratch

Maybe it's why I don't trade in individual equities. shrug

by horace Fri 15 Feb 2013, 05:32

skully wrote:Can someone explain to me why a stock goes up when they post a shit result??

Rio Tinto announced a $3 billion annual loss today, yet their shares went up $1.61 or 2.2%.

Maybe it's why I don't trade in individual equities.

because the market expected a worse result

by embee Fri 15 Feb 2013, 05:32

Either the market was expecting a shitter result or there were some announcements about job losses they made (always good for a price boost) ...

by skully Fri 15 Feb 2013, 06:06

Cheers, h & A.

by horace Fri 15 Feb 2013, 06:07

hmmnn...bit of a worry when both Embee and I are in agreement

by JGK Fri 15 Feb 2013, 09:01

****** off Horrie.

by JGK Thu 21 Feb 2013, 03:39

Market down nearly 2% today.

I blame skully.

by skully Thu 21 Feb 2013, 03:46

Thanks, that makes me feel a whole lot better. Qunt.

This is exactly why I settled for a shit 4.5% over the past year.

by JGK Thu 21 Feb 2013, 05:44

Understated it - 2.3% down. $35 billion wiped off the value of the market.

All skully's fault.

by horace Thu 21 Feb 2013, 05:45

skully wrote:Thanks, that makes me feel a whole lot better. Qunt.

This is exactly why I settled for a shit 4.5% over the past year.

...was that + or - 4.5%

by skully Thu 21 Feb 2013, 08:50

'+' and a certainty. Unlike the sleep you lose over quntish stock markets. Gave half a thought yesty to selling off half of what I bought 3 weeks ago at 4,900, but decided against it. Idiot.

Qunt of a day at work, qunt of a trip home in the most heinous traffic, qunt of day on the ASX. Mad

by JGK Thu 21 Feb 2013, 10:24

And it turns out that you are worse value than the NBN.

by skully Thu 07 Mar 2013, 04:11

All Ords followed Wall St early but has shat itself from 10.30 am onwards. The rollercoaster of the ASX is farkin hard work.

Have really got into watching Fox 602 lately as I nurse my Super towards retirement. Yesty they were all bullish, talking about the Fibonacci "Golden" ratio of 61.8% (rise from lowest point) being breached (5,420 All Ords), but today it's more about "consolidation", "the correction we had to have" etc.

Got in at 4,850 - do I ride it out, or sell and wait for a correction back to 4,800 and buy in again? Damn, I couldn't be a day-trader. It'd kill me.

by JGK Thu 07 Mar 2013, 04:15

skully wrote:All Ords followed Wall St early but has shat itself from 10.30 am onwards. The rollercoaster of the ASX is farkin hard work.

Have really got into watching Fox 602 lately as I nurse my Super towards retirement. Yesty they were all bullish, talking about the Fibonacci "Golden" ratio of 61.8% (rise from lowest point) being breached (5,420 All Ords), but today it's more about "consolidation", "the correction we had to have" etc.

Got in at 4,850 - do I ride it out, or sell and wait for a correction back to 4,800 and buy in again? Damn, I couldn't be a day-trader. It'd kill me.

You will never go broke making a profit.

by Mick Sawyer Thu 07 Mar 2013, 04:21

JGK wrote:

You will never go broke making a profit.

................. in a business free of WIP & debtors.

by JGK Thu 07 Mar 2013, 07:23

Mick Sawyer wrote:
JGK wrote:

You will never go broke making a profit.

................. in a business free of WIP & debtors.

Meh. It's not profit until the cash is in the door.

by Mick Sawyer Thu 07 Mar 2013, 07:35

JGK wrote:
Mick Sawyer wrote:
JGK wrote:

You will never go broke making a profit.

................. in a business free of WIP & debtors.

Meh. It's not profit until the cash is in the door.

**chuckle**

You just made around 8 Standards redundant (Standards, do they still call them that?)

by JGK Thu 07 Mar 2013, 13:47

I stopped paying attention to accounting standards when IFRS came in given that it is so farked up.

by skully Thu 04 Apr 2013, 05:18

Farkin ASX!!! DJIA did OK yesty (up 39 points) but we shed 20 points after an early good start. DJIA shed 0.76% overnight and the ASX shits itself (down 1.2% at one point this arvo). Quntish investors. Fark, you can only yet 4.25% in TDs, put your money in equities, you dickheads. very angry

What the fark has spooked the local market today?? That fat little qunt in North Korea??

by JGK Thu 04 Apr 2013, 05:24

Who knows. Ironicially it could be stronger retail figures which suggest that the economy is doing OK but also probably makes rate cuts more unlikely.

by Mick Sawyer Thu 04 Apr 2013, 05:40

skully wrote:
Fark, you can only yet 4.25% in TDs, put your money in equities, you dickheads.

You must have been dream for your mother.

by skully Thu 04 Apr 2013, 05:48

by Mick Sawyer Thu 04 Apr 2013, 05:54

skully wrote:Que?

A toy tossing, dummy spitting little turd.

by skully Thu 04 Apr 2013, 05:57

Charming. My "anger" was tongue in cheek and aimed at investors in general. I have a 12 month target for the equity component of my Super portfolio, and don't really take day-to-day fluctuations too much to heart.

I was actually the good child who gave my mother zero issues to worry about. The smart eldest boy.

Clearly you are having a bad day. Pretty uncalled-for post, Mick.

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