ASX newbie

Roller Coaster Rides and Roundabouts.

What a week! I haven’t had so much fun in ages.

If you have been following all of this weeks posts you will see that I have been having a ball.
Yesterday I sold EGO and bought IMP. Today I sold IMP because it went up by 11.76% and bought back into EGO because they dropped down by 14.29%
Again nice small profits which are mounting up quite nicely .And there are still two more days in the week to go.

I am still remembering that cardinal rule. Don’t be too greedy.
Other interesting things are also happening elsewhere.

Oil has gone down in price overnight and expected to fall further. I bet our petrol prices don’t fall as quick
Commodity prices have gone down also, but in my humble opinion will go up again because of demand hasn’t really slackened off. Just possibly due to some short sellers in the commodities market.

I.e. China’s exports went up by 13.8% in August. And their demand for basic commodities hasn’t changed.

Another three countries also starting to move are India, Brazil and a sleeping giant just starting to rouse itself is Russia.

So far it has been an interesting week and we have two more days of fun and frolic to come. Hoping you are having as much fun as I am .