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[USER=87894]@MannyTheMemmoth[/USER] a good close for the week. Easily beat the indices today, e.g small ordinaries (XSO) was only up 0.95%. Trouble is the volume for CDA which reveals lack of sellers rather than strong buyer interest. Still apprehensive about the price chart. Lost trust in management's transparency.I've decided to take a cue from Felix Zulauf who can be found with a search on Youtube - I am trying to hold off buying anything in the expectation of a poor first quarter. He thinks the rest of 2023 should be good for U.S stocks as he expects the Fed's hand on rates to be forced. If I miss out on more CDA so be it.Held
[USER=87894]@MannyTheMemmoth[/USER] a good close for the week. Easily beat the indices today, e.g small ordinaries (XSO) was only up 0.95%. Trouble is the volume for CDA which reveals lack of sellers rather than strong buyer interest. Still apprehensive about the price chart. Lost trust in management's transparency.
I've decided to take a cue from Felix Zulauf who can be found with a search on Youtube - I am trying to hold off buying anything in the expectation of a poor first quarter. He thinks the rest of 2023 should be good for U.S stocks as he expects the Fed's hand on rates to be forced. If I miss out on more CDA so be it.
Held
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