XAO 0.01% 8,699.1 all ordinaries

Short Term Trading Week Starting: 14 Jan, page-148

  1. 19,194 Posts.
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    "Just like always sector love your updates on the long term stuff and the jolly attitude to it all with preserving the stt weekends and different stuff goes on with collective minds to different stuff over time"


    I do like to keep the "lists" or sector picks from STT, especially the big ones of the day as I can track and backtest the thinking. Lithium was an obvious one and since those heady days April 2016, many other juniors have come later and made punters money and many have stayed long and lost. I recorded the peak of the main stocks at the time, and much like the top tech, only one has gone higher at this date KDR.


    There was indeed a "second wave" from memory, but it seemed short lived. The really big money was made very early on when some of those "juniors" at time like GXY were pennies and the Lithium future was unclear to most, then you're talking 1000s%. Coming late into an already super hyped sector is fraught with danger, and holding long as you can see below also not best. I think once everyone on HC starts talking end of Oil, then you know you are caught up in mania, it's very hard to see at the time....but it does happen everytime!


    https://hotcopper.com.au/data/attachments/1411/1411367-eee12800803f28ab0e58a6cc93574548.jpg

 
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