General, page-10

Taking the high of $13.41 on 20/10/2017 BOQ has fallen $4.21 or 31.39% to $9.20 as at Fridays close. Now that is a correction in anybodies book so people who purchased in the past 12 months are mostly suffering some pain if still holding. Using the GFC correction as a guide you will see it took about 18 months to play out. IE; top to bottom. Markets trends can take years before the overall trend changes, sure we get a lot of volatility within the trend over time but the trend usually remain the same. (either up or down) People chasing dividends often get burnt as the share adjusts to compensate for the current economy, competition or macro economic conditions to name a few. (Think Telstra - $9 to $2.50 over a long ride)

Looking at what could cause markets to fall further, throw these into the mix. US trade wars with China, Brexit hard landing, Interest Rate rises, A$ crash, NSW state election in March, Federal election in May, world recession, war in any number of hot spots, terrorism, Trump, etc etc. (you could fill the page with possibilities) Geoff Wilson said in "The Australian" that he has taken his WAM fund to 41% cash as he expects blood to be running in the streets during 2019. Now that is the time to buy but its also the hardest decision to make as you will be trading against the trend. WD Gann said to wait for the market to prove it has made a bottom - trade on the first leg out with a stop in place if you are proven wrong.

If you are a chartist you could look at Fibonacci sequence for a possible bottom. Say 50% retracement or 61.8% or 76.4% for example. I have no idea where the bottom of any share is as NOBODY rings the Bell at the top or bottom, unfortunately. So when to buy in you say? Well I am sitting on cash and taking Geoff Wilsons advice, IE waiting for blood to be running in the streets. Late 2019 might be a good time to start fishing. DYOR and dont take any of above as financial advice. There will always be someone out there who will try to take your money off you. Hold tight until you feel comfortable. (gold bullion under the mattress could be handy just in case things get ugly) Research, watch, learn, protect your capital. Watch out for sharks. As I said don't take any of aforesaid as financial or any sort of advice. Just my thoughts. PS; I did hold BOQ but sold recently around $10 for a profit. I like the stock but hate losing money. 2.15% interest in my NAB trading account beats a capital loss any day.