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.... and the month isn't even 6 days old! Plenty more to go yet. Now, whether it is up or down I don't know, but it will go somewhere. And fast.

The reason for saying that I feel investors (generally) are scared at the moment. There is too much going on in the world, everything from wars, to very bad politics, to rising interest rates, for the market to be stable. Also, we are well off highs, especially in the US market, so there will be plenty of bargain hunters around should more volatility-causing news hit.

Kind of agree, but we all have to remember the most relevant saying in share market finance, and that is:

you have to be in it to win it

By dumping everything you have no chance to win, but by holding some, there is a chance of doing rather well. In the past few days I've gone to about 50% cash (in the Aussie broker account), swapped some IOZ for the banks (good move), and sold some IOZ without replacing them (a rediculously bad move). At least I'm still in there.

KH

<blockquote data-quote="KevinBB" data-source="post: 1195238" data-attributes="member: 39488">.... and the month isn&#039;t even 6 days old! Plenty more to go yet. Now, whether it is up or down I don&#039;t know, but it will go somewhere. And fast.The reason for saying that I feel investors (generally) are scared at the moment. There is too much going on in the world, everything from wars, to very bad politics, to rising interest rates, for the market to be stable. Also, we are well off highs, especially in the US market, so there will be plenty of bargain hunters around should more volatility-causing news hit.Kind of agree, but we all have to remember the most relevant saying in share market finance, and that is:you have to be in it to win itBy dumping everything you have no chance to win, but by holding some, there is a chance of doing rather well. In the past few days I&#039;ve gone to about 50% cash (in the Aussie broker account), swapped some IOZ for the banks (good move), and sold some IOZ without replacing them (a rediculously bad move). At least I&#039;m still in there.KH</blockquote>

[QUOTE="KevinBB, post: 1195238, member: 39488"] .... and the month isn't even 6 days old! Plenty more to go yet. Now, whether it is up or down I don't know, but it will go somewhere. And fast. The reason for saying that I feel investors (generally) are scared at the moment. There is too much going on in the world, everything from wars, to very bad politics, to rising interest rates, for the market to be stable. Also, we are well off highs, especially in the US market, so there will be plenty of bargain hunters around should more volatility-causing news hit. Kind of agree, but we all have to remember the most relevant saying in share market finance, and that is: [CENTER][B][I]you have to be in it to win it[/I][/B][/CENTER] By dumping everything you have no chance to win, but by holding some, there is a chance of doing rather well. In the past few days I've gone to about 50% cash (in the Aussie broker account), swapped some IOZ for the banks (good move), and sold some IOZ without replacing them (a rediculously bad move). At least I'm still in there. KH [/QUOTE]

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