Club Mulgoa

Thursday, July 07, 2011

Awful short term memory

Yesterday, I was going to buy more GRY after its good announcement. But I didn't want to pay over the top. Of course, it went higher when I didn't buy.

But then what is the reason for selling down today, almost back to where it was on Tuesday close.

Investors' memory must be so short! And obviously, the sellers of GRY are also very poor at basic arithmetic. The POG is up and AUD is down a little.

When the market recovers, my stocks often do well especially when price of oil and gold are moving up, and AUD is not climbing high. My investment portfolios are not standard.

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